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As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
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COLLINSWOOD, 5081 ranks 516th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 10.64% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $852,500.
The upward trend in home prices in COLLINSWOOD, 5081 averaged 6.41% per annum over a 3-year period.
Average weekly rents on listings have reached the $362.5 mark, reflecting a 2.21% increase in returns based on the current median price in COLLINSWOOD.
An average of 1.17 real estate transactions take place per month in COLLINSWOOD which translates to 14 per annum.
14 properties were sold in COLLINSWOOD in 2016, making it the 387th most active market in SA based on total real estate transactions.
COLLINSWOOD, 5081 places 229th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $852,500 | $340,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.35% | 0% |
| Median 12 month | 10.64% | N/A |
| Median 3 years | 19.23% | 0.74% |
| Median 5 years | 34.46% | 7.94% |
| 10 years average annual | 5.07% | 3.35% |
| Weekly media advert. rent | $362.5 | $320 |
| Time on Market | 0.0 days | 0.0 days |
| Gross Rental Yield Percent | 2.21% | 4.89% |
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