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Property investors have seen a 4.09% 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 $362,750
Profits averaged 2.76% 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 $350 based on current median home prices for the suburb.
The gross rental yield in PARAFIELD GARDENS, 5107 is 5.02%.
An average of 15.67 real estate transactions take place per month in PARAFIELD GARDENS which translates to 188 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.28%||-4.6%|
|Median 3 years||8.28%||N/A|
|Median 5 years||18.93%||2.75%|
|10 years average annual||2.15%||-4.6%|
|Weekly media advert. rent||$350||$285|
|Time on Market||62.3 days||0.0 days|
|Gross Rental Yield Percent||5.02%||5.29%|