REDBANK PLAINS 
4 MIN READ487 Markets Join Million-dollar Property Club: CoreLogic
Australia’s property million-dollar club has continued to grow, as new research shows that more than one in five homes...
Read More
BlakeviewBlakeview - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 5.77% gain in BLAKEVIEW based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BLAKEVIEW, 5114 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 10.01%.
Based on its average 5-year and quarterly capital gains BLAKEVIEW, 5114 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 $385,000
Profits averaged 4.98% per annum over a 3-year period, due to an upward trend in home prices in BLAKEVIEW, 5114.
This means, real estate investors could earn a rental income of $365 based on current median home prices for the suburb.
The gross rental yield in BLAKEVIEW, 5114 is 4.93%.
An average of 19.25 real estate transactions take place per month in BLAKEVIEW which translates to 231 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $385,000 | $295,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.77% | 0% |
| Median 12 month | 10.01% | N/A |
| Median 3 years | 14.93% | N/A |
| Median 5 years | 24.19% | N/A |
| 10 years average annual | 1.51% | N/A |
| Weekly media advert. rent | $365 | $325 |
| Time on Market | 44.6 days | 63.3 days |
| Gross Rental Yield Percent | 4.93% | 5.73% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
