AREA REPORTS

Magill

SA/
Magill

Suburb Profile

Magill - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5072

house
unit

Property investments in MAGILL fare well against the rest of the country last year, registering a median home price increase of 0%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MAGILL, 5072 saw average growth in the long term.

Real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 51.1 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $660,000.

MAGILL ranks 343rd on the list of best yielding suburbs for rental properties in SA, posting a 3.15% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $660,000 $480,000
GROWTH REPORT
Median Quarterly -1.49% 1.05%
Median 12 month 0% 24.68%
Median 3 years 17.86% 37.14%
Median 5 years 29.67% 25.49%
10 years average annual 3.54% 4.97%
Weekly media advert. rent $400 $330
Time on Market 51.1 days 87.9 days
Gross Rental Yield Percent 3.15% 3.58%
demographics (median values)
Total Population
7732
Weekly Household Income
921.9
Household Size
2.30
demographics
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