Summertown

POSTAL CODE: SA, 5141

HOUSE

Property investors have seen a -4.46% drop in SUMMERTOWN based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains SUMMERTOWN, 5141 saw average growth in the long term.

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 $1,337,500

Profits averaged 0% per annum over a 3-year period, due to an upward trend in home prices in SUMMERTOWN, 5141.

This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

The gross rental yield in SUMMERTOWN, 5141 is N/A.

An average of 0.83 real estate transactions take place per month in SUMMERTOWN which translates to 10 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,337,500	N/A
Growth Report
Median Quarterly	-4.46%	N/A
Median 12 month	0%	N/A
Median 3 years	0%	N/A
Median 5 years	0%	N/A
10 years average annual	-0.86%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 681

Weekly Household Income 1862

Household Size 2.80

Average Age 43

Monthly Loan Repayment 1916

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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