Figures from the previous quarter show that capital gains for real estate buyers in MODBURY NORTH are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.
On average, rents on listings have reached the $340 mark, reflecting a 5.08% increase in returns based on the current median price in MODBURY NORTH.
MODBURY NORTH, 5092 ranks 326th in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 88th on the list of best yielding suburbs for rental properties in SA, posting a 5.08% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.14%||N/A|
|Median 3 years||2.35%||N/A|
|Median 5 years||7.08%||N/A|
|10 years average annual||3.25%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||58.7 days||N/A|
|Gross Rental Yield Percent||5.08%||N/A|