How Green Areas Can Influence The Worth Of Your Property
Greenspace has been known to boost mental and physical health and wellbeing and, in turn, encourage premium prices for r...
The 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 $868,000.
The upward trend in home prices in COLLINSWOOD, 5081 averaged 1.63% per annum over a 3-year period.
Average weekly rents on listings have reached the $360 mark, reflecting a 2.16% increase in returns based on the current median price in COLLINSWOOD.
An average of 0.83 real estate transactions take place per month in COLLINSWOOD which translates to 10 per annum.
10 properties were sold in COLLINSWOOD in 2016, making it the 472nd most active market in SA based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-5.14%||-4.01%|
|Median 3 years||4.89%||0.79%|
|Median 5 years||22.69%||-2.87%|
|10 years average annual||2.97%||1.2%|
|Weekly media advert. rent||$360||$320|
|Time on Market||0.0 days||0.0 days|
|Gross Rental Yield Percent||2.16%||5.1%|