PM fears impact of migration slide on residential sector
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
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A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a -0.85% decrease over a ten-year period. It ranks 4081st on our list of suburbs that property investors should look into.
DAVOREN PARK, 5113 has a capital gain of -2.78% for the past year, which is lower than average compared to its -0.85% growth within a five-year period.
With the median home price in DAVOREN PARK sitting at $175,000, and the average rent at $251, property owners could potentially earn a 7.46% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in DAVOREN PARK are high, as opposed to average gains per annum over the past five years.
DAVOREN PARK, 5113 in SA belongs to the local government area of Playford (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $175,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.06% | N/A |
| Median 12 month | -2.78% | N/A |
| Median 3 years | 0% | N/A |
| Median 5 years | -0.85% | N/A |
| 10 years average annual | -0.85% | N/A |
| Weekly media advert. rent | $251 | N/A |
| Time on Market | 84.1 days | N/A |
| Gross Rental Yield Percent | 7.46% | N/A |
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