Property investors have seen a 9.41% gain in GULFVIEW HEIGHTS based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on GULFVIEW HEIGHTS, 5096 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 32.34%.
Based on its average 5-year and quarterly capital gains GULFVIEW HEIGHTS, 5096 saw average growth in the long term.
the SA 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 $552,500
Profits averaged 8.4% per annum over a 3-year period, due to an upward trend in home prices in GULFVIEW HEIGHTS, 5096.
This means, real estate investors could earn a rental income of $345 based on current median home prices for the suburb.
The gross rental yield in GULFVIEW HEIGHTS, 5096 is 3.25%.
An average of 4.5 real estate transactions take place per month in GULFVIEW HEIGHTS which translates to 54 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $552,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 9.41% | N/A |
| Median 12 month | 32.34% | N/A |
| Median 3 years | 25.21% | N/A |
| Median 5 years | 38.13% | N/A |
| 10 years average annual | 6.71% | N/A |
| Weekly media advert. rent | $345 | N/A |
| Time on Market | 89.7 days | N/A |
| Gross Rental Yield Percent | 3.25% | N/A |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...