Property market update: Melbourne, April 2020
Several weeks after lockdown measures have been passed due to the ongoing COVD-19 pandemic, how is the Melbourne property market faring in t...
Subscribe to our newsletter
Figures from the previous quarter show that capital gains for real estate buyers in SALISBURY PARK are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $325 based on current median home prices for the suburb.
On average, rents on listings have reached the $325 mark, reflecting a 6.01% increase in returns based on the current median price in SALISBURY PARK.
SALISBURY PARK, 5109 ranks 381st in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 48th on the list of best yielding suburbs for rental properties in SA, posting a 6.01% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $281,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.35% | N/A |
| Median 12 month | -6.33% | N/A |
| Median 3 years | -3.1% | N/A |
| Median 5 years | 5.64% | N/A |
| 10 years average annual | 0.63% | N/A |
| Weekly media advert. rent | $325 | N/A |
| Time on Market | 42.1 days | N/A |
| Gross Rental Yield Percent | 6.01% | N/A |
Several weeks after lockdown measures have been passed due to the ongoing COVD-19 pandemic, how is the Melbourne property market faring in t...
While property experts and big banks have widely predicted that the property market will fall, so far it has remained stable, an industry ex...
New laws to help ease the financial burden on Queensland strata communities caused by the COVID-19 pandemic have been passed by State Parlia...
NSW Fair Trading has clarified what landlords in the state can do should they find themselves in a position of negotiating a rental agreemen...
New research has shed light on the current state of the residential real estate market, noting the worst is likely behind us as restrictions...
While the current crisis could exacerbate high mortgage debt, there are currently no signs of distress visible in the housing market, accord...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
