Competition from FHBs not expected until late 2019
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
Property investors have seen a 0.53% gain in SUMMERTOWN based on an increase 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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $573,000
Profits averaged -2.9% 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 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 | $573,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.53% | N/A |
| Median 12 month | 4.18% | N/A |
| Median 3 years | -8.69% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | -2.17% | 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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