ST AGNES, 5097 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in SA have risen as a whole, pulling ST AGNES, 5097 values up and netting property investors a capital gain of 4.71% for the past year.
Investors saw the median home price rise to $806,250.
Profits due to an upward trend in home prices in the suburb averaged 12.61% per annum over a 3-year period.
ST AGNES now ranks at the 371st place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in ST AGNES are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $620 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ST AGNES, homes and units usually stay on listing for an average of 46.8 days.
In 2016, 65 properties were sold in ST AGNES during the past year, making it the 67th most active market in SA based on total real estate transactions.
ST AGNES ranks 50th in SA when it comes to estimated capital gains experienced by property investors over the past three years.
ST AGNES, 5097 has a capital gain of 20.3% for the past year, which is lower than average compared to its 106.07% growth within a five-year period.
ST AGNES, 5097 ranks 292nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 20.3% for property investors last year.
With the median home price in ST AGNES sitting at $585,250, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.
Property investors have seen a 0.04% gain in ST AGNES based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on ST AGNES, 5097 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 20.3%.
A survey of average capital gains or median home price increase in suburbs across the country shows that ST AGNES, 5097 obtained a 9.72% growth over a ten-year period. It ranks 45th on our list of suburbs that property investors should look into.