Why commercial is the new residential
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
Property investors enjoyed capital gains of 4.09% over the last 12 months in MCLAREN FLAT, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 2.58% growth over a ten-year period. It ranks 2746th on our list of suburbs that property investors should look into.
MCLAREN FLAT, 5171 has a capital gain of 4.09% for the past year, which is higher than average compared to its 15.66% growth within a five-year period.
Figures from the previous quarter show that capital gains for real estate buyers in MCLAREN FLAT are low, as opposed to average gains per annum over the past five years.
MCLAREN FLAT, 5171 in SA belongs to the local government area of Onkaparinga (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $572,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.53% | N/A |
| Median 12 month | 4.09% | N/A |
| Median 3 years | 11.17% | N/A |
| Median 5 years | 15.66% | N/A |
| 10 years average annual | 2.58% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 45.8 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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