MOANA, 5169 ranks 1834th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 8.57% for property investors.
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 $437,000.
The upward trend in home prices in MOANA, 5169 averaged 6.41% per annum over a 3-year period.
Average weekly rents on listings have reached the $330 mark, reflecting a 3.93% increase in returns based on the current median price in MOANA.
An average of 4.33 real estate transactions take place per month in MOANA which translates to 52 per annum.
52 properties were sold in MOANA in 2016, making it the 123rd most active market in SA based on total real estate transactions.
MOANA, 5169 places 124th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.57%||N/A|
|Median 3 years||19.24%||N/A|
|Median 5 years||24.86%||N/A|
|10 years average annual||4.13%||N/A|
|Weekly media advert. rent||$330||$260|
|Time on Market||117.1 days||0.0 days|
|Gross Rental Yield Percent||3.93%||4.61%|