Property investors have seen a -3.42% drop in SUMMERTOWN based on a decrease in median home prices for the past three months.
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 $565,500
Profits averaged -5.3% per annum over a 3-year period, due to an downward trend in home prices in SUMMERTOWN, 5141.
The gross rental yield in SUMMERTOWN, 5141 is 0%.
An average of 1 real estate transactions take place per month in SUMMERTOWN which translates to 12 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||-15.91%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||N/A||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|