House prices see largest price drop for last 7 years
A property institute has claimed house prices have seen their largest drop since December 2011, giving buyers the opportunity to add to thei...
Property investors have seen a -0.42% drop in MASLIN BEACH based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MASLIN BEACH, 5170 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 $380,875
Profits averaged 1.21% per annum over a 3-year period, due to an upward trend in home prices in MASLIN BEACH, 5170.
This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.
The gross rental yield in MASLIN BEACH, 5170 is 4.64%.
An average of 2.17 real estate transactions take place per month in MASLIN BEACH which translates to 26 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.59%||N/A|
|Median 3 years||3.64%||N/A|
|Median 5 years||9.92%||N/A|
|10 years average annual||2.2%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||63.9 days||N/A|
|Gross Rental Yield Percent||4.64%||N/A|
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