
House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
Property investors have seen a 6.45% gain in WALKERVILLE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WALKERVILLE, 5081 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 26.87%.
Based on its average 5-year and quarterly capital gains WALKERVILLE, 5081 saw average growth in the long term.
The SA 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 $1,650,000
Profits averaged 7.56% per annum over a 3-year period, due to an upward trend in home prices in WALKERVILLE, 5081.
This means, real estate investors could earn a rental income of $585 based on current median home prices for the suburb.
The gross rental yield in WALKERVILLE, 5081 is 1.84%.
An average of 3.67 real estate transactions take place per month in WALKERVILLE which translates to 44 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $1,650,000 | $380,000 |
GROWTH REPORT | ||
Median Quarterly | 6.45% | -18.28% |
Median 12 month | 26.87% | -15.65% |
Median 3 years | 22.68% | 0% |
Median 5 years | 33.55% | -4.76% |
10 years average annual | 8.69% | 0.54% |
Weekly media advert. rent | $585 | $425 |
Time on Market | 66.9 days | 72.0 days |
Gross Rental Yield Percent | 1.84% | 5.82% |