Why commercial is the new residential
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
Property investors have seen a 6.72% gain in MUNNO PARA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MUNNO PARA, 5115 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 $270,000
Profits averaged 0.95% per annum over a 3-year period, due to an upward trend in home prices in MUNNO PARA, 5115.
This means, real estate investors could earn a rental income of $317.5 based on current median home prices for the suburb.
The gross rental yield in MUNNO PARA, 5115 is 6.11%.
An average of 4.92 real estate transactions take place per month in MUNNO PARA which translates to 59 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $270,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.72% | N/A |
| Median 12 month | 6.72% | N/A |
| Median 3 years | 2.86% | N/A |
| Median 5 years | 20.81% | N/A |
| 10 years average annual | 3% | N/A |
| Weekly media advert. rent | $317.5 | N/A |
| Time on Market | 85.3 days | N/A |
| Gross Rental Yield Percent | 6.11% | N/A |
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