Property investors have seen a 0% 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 $260,000
Profits averaged 0% 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 $290 based on current median home prices for the suburb.
The gross rental yield in SALISBURY NORTH, 5108 is 5.8%.
An average of 12.92 real estate transactions take place per month in SALISBURY NORTH which translates to 155 per annum.
Property investments in SALISBURY NORTH did not fare well against the rest of the country last year, registering a median home price decrease of -0.68%.
Figures from the previous quarter show that capital gains for real estate buyers in SALISBURY NORTH are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $257.5 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In SALISBURY NORTH, homes and units usually stay on listing for an average of 91.8 days.
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 $181,750
Investors saw the median home price rise to $181,750.
SALISBURY NORTH ranks 17th on the list of best yielding suburbs for rental properties in SA, posting a 7.37% return.
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