Property investors have seen a -0.29% drop in SALISBURY NORTH based on a decrease 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 $262,000
Profits averaged 3.06% 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 5.95%.
An average of 12 real estate transactions take place per month in SALISBURY NORTH which translates to 144 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.16%||-2.7%|
|Median 3 years||9.17%||-2.7%|
|Median 5 years||10.32%||-4.26%|
|10 years average annual||3.5%||2.05%|
|Weekly media advert. rent||$300||$255|
|Time on Market||69.1 days||111.3 days|
|Gross Rental Yield Percent||5.95%||7.37%|