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Property investors have seen a 1.31% gain in BLAKEVIEW based on an increase in median home prices for the past three months.
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 $310,000
Profits averaged 1.75% 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 $325 based on current median home prices for the suburb.
The gross rental yield in BLAKEVIEW, 5114 is 5.45%.
An average of 13.5 real estate transactions take place per month in BLAKEVIEW which translates to 162 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $310,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.31% | N/A |
| Median 12 month | 3.33% | N/A |
| Median 3 years | 5.26% | N/A |
| Median 5 years | 0% | N/A |
| 10 years average annual | 1.76% | N/A |
| Weekly media advert. rent | $325 | N/A |
| Time on Market | 97.2 days | N/A |
| Gross Rental Yield Percent | 5.45% | N/A |
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