House Prices To Add Another 20% If Banks Don't Slam The Brakes
Chatter about the possible introduction of macro prudential controls to slow house price growth is increasing, while rep...
O'HALLORAN HILL, 5158 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 $395,000.
Profits due to an upward trend in home prices in the suburb averaged 1.41% per annum over a 3-year period.
O'HALLORAN HILL now ranks at the 294th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in O'HALLORAN HILL are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $367.5 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In O'HALLORAN HILL, homes and units usually stay on listing for an average of 42.6 days.
In 2016, 34 properties were sold in O'HALLORAN HILL during the past year, making it the 212th most active market in SA based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.25%||N/A|
|Median 3 years||4.22%||N/A|
|Median 5 years||10.03%||N/A|
|10 years average annual||1.13%||N/A|
|Weekly media advert. rent||$367.5||N/A|
|Time on Market||42.6 days||N/A|
|Gross Rental Yield Percent||4.84%||N/A|