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Meningie

Suburb Profile

Meningie - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5264

house

Property investments in MENINGIE fare well against the rest of the country last year, registering a median home price increase of 48.34%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MENINGIE, 5264 saw average growth in the long term.

Real estate investors could earn a rental income of $245 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $280,000.

MENINGIE ranks 190th on the list of best yielding suburbs for rental properties in SA, posting a 4.55% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $280,000 N/A
GROWTH REPORT
Median Quarterly -1.75% N/A
Median 12 month 48.34% N/A
Median 3 years 40.7% N/A
Median 5 years 38.27% N/A
10 years average annual 8.97% N/A
Weekly media advert. rent $245 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 4.55% N/A
demographics (median values)
Total Population
1502
Weekly Household Income
670.5
Household Size
2.40
demographics
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