New home sales reach two-decade high
Home sales have soared for the month of December, doubling compared with the number of sales recorded in November, new research has reveale...
Property investors enjoyed capital gains of 46.49% over the last 12 months in MYPONGA, translating to lower returns compared with its peers in SA.
The suburb posted a 13.45% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in MYPONGA.
MYPONGA, 5202 ranks 1st in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 451st on the list of best yielding suburbs for rental properties in SA, posting a 0% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $417,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.83% | N/A |
| Median 12 month | 46.49% | N/A |
| Median 3 years | 13.45% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 1.13% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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