ONE TREE HILL, 5114 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in SA have risen as a whole, pulling ONE TREE HILL, 5114 values up and netting property investors a capital gain of 10.68% for the past year.
Investors saw the median home price rise to $653,000.
Profits due to an upward trend in home prices in the suburb averaged 5.75% per annum over a 3-year period.
ONE TREE HILL now ranks at the 251st place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in ONE TREE HILL are low, as opposed to average gains per annum over the past five years.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ONE TREE HILL, homes and units usually stay on listing for an average of 128.0 days.
In 2016, 16 properties were sold in ONE TREE HILL during the past year, making it the 389th most active market in SA based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10.68%||N/A|
|Median 3 years||17.24%||N/A|
|Median 5 years||22.06%||N/A|
|10 years average annual||3.12%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||128.0 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|