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The Reserve Bank of Australia has made its second call on the official cash rate for this year, following its decision to cut the rate to...
Property investors have seen a -2% drop in WILLASTON based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WILLASTON, 5118 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 $294,000
Profits averaged -1.15% per annum over a 3-year period, due to an downward trend in home prices in WILLASTON, 5118.
This means, real estate investors could earn a rental income of $327.5 based on current median home prices for the suburb.
The gross rental yield in WILLASTON, 5118 is 5.79%.
An average of 4.92 real estate transactions take place per month in WILLASTON which translates to 59 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $294,000 | $237,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2% | -1.04% |
| Median 12 month | 2.26% | N/A |
| Median 3 years | -3.45% | 15.61% |
| Median 5 years | -1.84% | N/A |
| 10 years average annual | -0.32% | 5.03% |
| Weekly media advert. rent | $327.5 | N/A |
| Time on Market | 77.1 days | 0.0 days |
| Gross Rental Yield Percent | 5.79% | N/A |
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