Property investors have seen a -5.94% drop in GULFVIEW HEIGHTS based on a decrease in median home prices for the past three months.
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 $475,000
Profits averaged 5.28% 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 $340 based on current median home prices for the suburb.
The gross rental yield in GULFVIEW HEIGHTS, 5096 is 3.72%.
An average of 3.92 real estate transactions take place per month in GULFVIEW HEIGHTS which translates to 47 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.91%||N/A|
|Median 3 years||15.85%||N/A|
|Median 5 years||19.05%||N/A|
|10 years average annual||3.67%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||71.9 days||N/A|
|Gross Rental Yield Percent||3.72%||N/A|