Vacancy rates hold steady
Vacancy rates have come to a standstill in some areas, remaining at 2.2 per cent nationwide. ...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $401,000.
The upward trend in home prices in HAPPY VALLEY, 5159 averaged 1.96% per annum over a 3-year period.
Average weekly rents on listings have reached the $380 mark, reflecting a 4.93% increase in returns based on the current median price in HAPPY VALLEY.
An average of 14 real estate transactions take place per month in HAPPY VALLEY which translates to 168 per annum.
168 properties were sold in HAPPY VALLEY in 2016, making it the 350th most active market in SA based on total real estate transactions.
HAPPY VALLEY, 5159 places 207th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $401,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.63% | N/A |
| Median 12 month | 1.01% | N/A |
| Median 3 years | 5.87% | N/A |
| Median 5 years | 11.39% | N/A |
| 10 years average annual | 1.4% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 51.3 days | N/A |
| Gross Rental Yield Percent | 4.93% | N/A |
Vacancy rates have come to a standstill in some areas, remaining at 2.2 per cent nationwide. ...
Online marketplace Grays is launching itself into the real estate and property market with the sale of land plots in Western Australia’s K...
As in most parts of the world, the COVID-19 pandemic has seen vast implications for the Australian real estate. How will the NSW capital’s...
New research has identified the top 10 areas recording the greatest change in dwelling market values from 31 March to 31 May. ...
Keen buyers are urged to be cautious before jumping in to the First Home Loan Deposit Scheme. ...
The latter half of the year is set to see less than desirable conditions in some cities, despite outlook being stronger than it was a few w...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
