House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
Property investors enjoyed capital gains of 27.97% over the last 12 months in CARRICKALINGA, 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 8.59% growth over a ten-year period. It ranks 567th on our list of suburbs that property investors should look into.
CARRICKALINGA, 5204 has a capital gain of 27.97% for the past year, which is higher than average compared to its 26.03% growth within a five-year period.
With the median home price in CARRICKALINGA sitting at $581,000, and the average rent at $1000, property owners could potentially earn a 8.95% increase in gross rental yield.
A 27.97% increase in median property prices in CARRICKALINGA, 5204 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 81st.
Figures from the previous quarter show that capital gains for real estate buyers in CARRICKALINGA are high, as opposed to average gains per annum over the past five years.
CARRICKALINGA, 5204 in SA belongs to the local government area of Yankalilla (DC).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||27.97%||N/A|
|Median 3 years||35.91%||N/A|
|Median 5 years||26.03%||N/A|
|10 years average annual||8.59%||N/A|
|Weekly media advert. rent||$1000||N/A|
|Time on Market||70.0 days||N/A|
|Gross Rental Yield Percent||8.95%||N/A|