Property investors have seen a 2.52% gain in PARAFIELD GARDENS based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains PARAFIELD GARDENS, 5107 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 $325,000
Profits averaged 4.88% per annum over a 3-year period, due to an upward trend in home prices in PARAFIELD GARDENS, 5107.
This means, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
The gross rental yield in PARAFIELD GARDENS, 5107 is 5.12%.
An average of 19.83 real estate transactions take place per month in PARAFIELD GARDENS which translates to 238 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.33%||-17.66%|
|Median 3 years||14.64%||-23.46%|
|Median 5 years||18.18%||-7.46%|
|10 years average annual||3.91%||4.1%|
|Weekly media advert. rent||$320||$275|
|Time on Market||65.4 days||92.0 days|
|Gross Rental Yield Percent||5.12%||6.49%|