
The Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
Property investors have seen a 8.77% gain in SALISBURY NORTH based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on SALISBURY NORTH, 5108 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 19.23%.
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 $310,000
Profits averaged 6.41% 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 $340 based on current median home prices for the suburb.
The gross rental yield in SALISBURY NORTH, 5108 is 5.7%.
An average of 15.08 real estate transactions take place per month in SALISBURY NORTH which translates to 181 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $310,000 | $265,000 |
GROWTH REPORT | ||
Median Quarterly | 8.77% | 11.58% |
Median 12 month | 19.23% | 17.52% |
Median 3 years | 19.23% | 16.23% |
Median 5 years | 25% | N/A |
10 years average annual | 2.86% | 3.39% |
Weekly media advert. rent | $340 | $290 |
Time on Market | 51.3 days | 60.5 days |
Gross Rental Yield Percent | 5.7% | 5.69% |