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Property investors have seen a 3.92% 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 $265,000
Profits averaged 2.36% 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 5.89%.
An average of 12.42 real estate transactions take place per month in SALISBURY NORTH which translates to 149 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.92%||0%|
|Median 3 years||7.07%||-4.17%|
|Median 5 years||10.42%||N/A|
|10 years average annual||1.11%||1.77%|
|Weekly media advert. rent||$300||$267.5|
|Time on Market||68.1 days||0.0 days|
|Gross Rental Yield Percent||5.89%||6.05%|