$3m-plus suburbs double during the pandemic as allure of luxury property grows
With more Australians racking up more savings than ever before and affordability improving across the real estate market, the allure of luxu...
Property investors have seen a 5.22% 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 14.28%.
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 $1,294,250
Profits averaged -0.15% per annum over a 3-year period, due to an downward trend in home prices in WALKERVILLE, 5081.
This means, real estate investors could earn a rental income of $712.5 based on current median home prices for the suburb.
The gross rental yield in WALKERVILLE, 5081 is 2.86%.
An average of 2.58 real estate transactions take place per month in WALKERVILLE which translates to 31 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,294,250 | $392,500 |
| GROWTH REPORT | ||
| Median Quarterly | 5.22% | 16.47% |
| Median 12 month | 14.28% | 5.8% |
| Median 3 years | -0.44% | -7.65% |
| Median 5 years | 36.24% | 2.35% |
| 10 years average annual | 4.27% | 0.82% |
| Weekly media advert. rent | $712.5 | $400 |
| Time on Market | 132.6 days | 86.2 days |
| Gross Rental Yield Percent | 2.86% | 5.3% |
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