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Property investors have seen a 3.1% gain in SALISBURY NORTH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SALISBURY NORTH, 5108 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 $249,500
Profits averaged 0.61% per annum over a 3-year period, due to an upward trend in home prices in SALISBURY NORTH, 5108.
This means, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
The gross rental yield in SALISBURY NORTH, 5108 is 6.25%.
An average of 11.83 real estate transactions take place per month in SALISBURY NORTH which translates to 142 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.2%||N/A|
|Median 3 years||1.84%||N/A|
|Median 5 years||6.85%||N/A|
|10 years average annual||0.51%||N/A|
|Weekly media advert. rent||$300||N/A|
|Time on Market||76.1 days||N/A|
|Gross Rental Yield Percent||6.25%||N/A|
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