Property investors have seen a -4.84% drop in MUNNO PARA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MUNNO PARA, 5115 saw average decrease 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 $246,000
Profits averaged -1.79% per annum over a 3-year period, due to an downward trend in home prices in MUNNO PARA, 5115.
This means, real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
The gross rental yield in MUNNO PARA, 5115 is 6.13%.
An average of 5.5 real estate transactions take place per month in MUNNO PARA which translates to 66 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-4%||N/A|
|Median 3 years||-5.38%||N/A|
|Median 5 years||-18.34%||N/A|
|10 years average annual||4.1%||N/A|
|Weekly media advert. rent||$290||N/A|
|Time on Market||84.2 days||N/A|
|Gross Rental Yield Percent||6.13%||N/A|