Property investors enjoyed capital gains of 19.27% over the last 12 months in SAINT MORRIS, 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 the SA suburb obtained a 6.39% growth over a ten-year period. It ranks 1156th on our list of suburbs that property investors should look into.
SAINT MORRIS, 5068 has a capital gain of 19.27% for the past year, which is higher than average compared to its 56.19% growth within a five-year period.
With the median home price in SAINT MORRIS sitting at $820,000, and the average rent at $420, property owners could potentially earn a 2.66% increase in gross rental yield.
A 19.27% increase in median property prices in SAINT MORRIS, 5068 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 36th.
Figures from the previous quarter show that capital gains for real estate buyers in SAINT MORRIS are low, as opposed to average gains per annum over the past five years.
SAINT MORRIS, 5068 in SA belongs to the local government area of Norwood Payneham St Peters.