Government urged to provide stimulus for building sector
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
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Homeowners and real estate investors betting on SUMMERTOWN, 5141 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 19%.
The SA suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $835,500
Profits averaged 9.46% per annum over a 3-year period, due to an upward trend in home prices in SUMMERTOWN, 5141.
The gross rental yield in SUMMERTOWN, 5141 is 0%.
An average of 0.83 real estate transactions take place per month in SUMMERTOWN which translates to 10 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $835,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 19% | N/A |
| Median 3 years | 28.39% | N/A |
| Median 5 years | 34.54% | N/A |
| 10 years average annual | 9.86% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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