Government urged to provide stimulus for building sector
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
Property investors enjoyed capital gains of 25.6% over the last 12 months in KENT TOWN, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that KENT TOWN, 5067 obtained a 11.69% growth over a ten-year period. It ranks 1089th on our list of suburbs that property investors should look into.
KENT TOWN, 5067 has a capital gain of 25.6% for the past year, which is higher than average compared to its 6.56% growth within a five-year period.
With the median home price in KENT TOWN sitting at $650,000, and the average rent at $380, property owners could potentially earn a 3.04% increase in gross rental yield.
A 25.6% increase in median property prices in KENT TOWN, 5067 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 4th.
Figures from the previous quarter show that capital gains for real estate buyers in KENT TOWN are high, as opposed to average gains per annum over the past five years.
KENT TOWN, 5067 in SA belongs to the local government area of Norwood Payneham St Peters (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||25.6%|
|Median 3 years||N/A||30%|
|Median 5 years||N/A||6.56%|
|10 years average annual||N/A||11.69%|
|Weekly media advert. rent||N/A||$380|
|Time on Market||N/A||0.0 days|
|Gross Rental Yield Percent||N/A||3.04%|
A growing number of Australians are being forced to live in high-density apartments, which is having an impact on future prosperity and cohe...
A real estate group says some positive signs are beginning to emerge within Australia’s property market. ...
How is the Brisbane property market faring amid the “new normal” that resulted from the COVID-19 outbreak? ...
While social distancing regulations have begun to ease and the property market is showing glimpses of recovery, Right Property Group’s Vic...
While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...