NARACOORTE, 5271 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Investors saw the median home price rise to $227,500.
Profits due to an upward trend in home prices in the suburb averaged 1.14% per annum over a 3-year period.
NARACOORTE now ranks at the 21st place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in NARACOORTE are high, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $255 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NARACOORTE, homes and units usually stay on listing for an average of 116.2 days.
In 2016, 124 properties were sold in NARACOORTE during the past year, making it the 424th most active market in SA based on total real estate transactions.
Roof paint should always be applied on a...
In my personal opinion messing with...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal