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The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $311,000.
Investors saw the median home price rise to $311,000.
The downward trend in home prices in COLLINSWOOD, 5081 averaged -0.42% per annum over a 3-year period.
COLLINSWOOD now ranks at the 120th place on a list of fastest growing suburbs in the territory.
Real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In COLLINSWOOD, homes and units usually stay on listing for an average of 0.0 days.
16 properties were sold in COLLINSWOOD in 2016, making it the 100th most active market in SA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $311,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -10.5% |
| Median 12 month | N/A | -8.53% |
| Median 3 years | N/A | -1.27% |
| Median 5 years | N/A | N/A |
| 10 years average annual | N/A | -0.08% |
| Weekly media advert. rent | N/A | $320 |
| Time on Market | N/A | 0.0 days |
| Gross Rental Yield Percent | N/A | 5.35% |
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