Wage subsidy to ‘relieve financial pressure’ for tenants and landlords
The federal government’s recent JobKeeper wage subsidy is set to significantly help relieve rental and mortgage stress, according to the P...
Property investors have seen a 1.35% gain in LEABROOK based on an increase in median home prices for the past three months.
The SA suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,500,000
This means, real estate investors could earn a rental income of $595 based on current median home prices for the suburb.
The gross rental yield in LEABROOK, 5068 is 2.06%.
An average of 1.17 real estate transactions take place per month in LEABROOK which translates to 14 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,500,000 | $305,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.35% | -17.79% |
| Median 12 month | N/A | -23.75% |
| Median 3 years | N/A | -15.28% |
| Median 5 years | 64.84% | -24.22% |
| 10 years average annual | N/A | -1.44% |
| Weekly media advert. rent | $595 | $290 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | 2.06% | 4.94% |
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