Sydney and Melbourne wobble as COVID-19 sets in
Investors in Australia’s two largest cities are starting to see the impact of COVID-19, with up to a third of owners selling for less, new...
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 $363,000.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in GEPPS CROSS.
An average of 0.83 real estate transactions take place per month in GEPPS CROSS which translates to 10 per annum.
10 properties were sold in GEPPS CROSS in 2016, making it the 452nd most active market in SA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $363,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | 5.99% | N/A |
| 10 years average annual | N/A | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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