EVANSTON GARDENS, 5116 ranks 1367th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 14.33% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $670,000.
The upward trend in home prices in EVANSTON GARDENS, 5116 averaged 18.6% per annum over a 3-year period.
Average weekly rents on listings have reached the $550 mark, reflecting a 4.27% increase in returns based on the current median price in EVANSTON GARDENS.
An average of 6.17 real estate transactions take place per month in EVANSTON GARDENS which translates to 74 per annum.
74 properties were sold in EVANSTON GARDENS in 2016, making it the 44th most active market in SA based on total real estate transactions.
EVANSTON GARDENS, 5116 places 356th in Australia based on median property value growth during the quarter.
The 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 $595,000.
Investors saw the median home price rise to $595,000.
The upward trend in home prices in EVANSTON GARDENS, 5116 averaged 18.86% per annum over a 3-year period.
EVANSTON GARDENS now ranks at the th 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 EVANSTON GARDENS are average, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In EVANSTON GARDENS, homes and units usually stay on listing for an average of N/A.
10 properties were sold in EVANSTON GARDENS in 2016, making it the 161st most active market in SA based on total real estate transactions.