AREA REPORTS

Summertown

SA/
Summertown

Suburb Profile

Summertown - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5141

house

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.

Data report can be found below

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
demographics (median values)
Total Population
395
Weekly Household Income
1324
Household Size
3.00
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Suburbs

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...

Suburbs

The worst performing suburbs of 2018 revealed

New data has revealed the suburbs that experienced the highest negative growth over 2018. ...

Tax reform gear

‘Train wreck’ tax changes for property raised with PM

The Liberal government organised a roundtable with many of Australia’s top property experts to discuss what changes to negative gearing an...

An energy efficient lightbulb

How to add efficiency to your property investment

Property investor Matthew Preston said that being an efficient investor is all about taking small, manageable steps to meet your goals. He s...

Aerial shot of a suburb

‘Prop tech’ to play bigger role in property market this 2019

Based on the current trends in the real estate market, Real Estate Business’ Tim Neary believes that technology in property, or ‘prop te...

Apartment building

‘Great buying opportunities’ for careful investors looking at new-builds

Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...