‘It’s a terrific time to be investing in commercial property’: Ray White
Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...
Property investors enjoyed capital gains of 4.38% over the last 12 months in GOOLWA SOUTH, 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 3.36% growth over a ten-year period. It ranks 2258th on our list of suburbs that property investors should look into.
GOOLWA SOUTH, 5214 has a capital gain of 4.38% for the past year, which is higher than average compared to its 15.17% growth within a five-year period.
With the median home price in GOOLWA SOUTH sitting at $334,000, and the average rent at $307.5, property owners could potentially earn a 4.79% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GOOLWA SOUTH are low, as opposed to average gains per annum over the past five years.
GOOLWA SOUTH, 5214 in SA belongs to the local government area of Alexandrina (DC).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $334,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.06% | N/A |
| Median 12 month | 4.38% | N/A |
| Median 3 years | 4.7% | N/A |
| Median 5 years | 15.17% | N/A |
| 10 years average annual | 3.36% | N/A |
| Weekly media advert. rent | $307.5 | N/A |
| Time on Market | 74.1 days | N/A |
| Gross Rental Yield Percent | 4.79% | N/A |
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