The Sydney suburbs tipped to bounce back first
If investors want to capitalise on market conditions in Sydney, they may want to consider watching these key markets and their surrounding s...
BEACHPORT, 5280 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in SA have risen as a whole, pulling BEACHPORT, 5280 values up and netting property investors a capital gain of 13.11% for the past year.
Investors saw the median home price rise to $345,000.
Profits due to an upward trend in home prices in the suburb averaged 3.06% per annum over a 3-year period.
BEACHPORT now ranks at the 64th 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 BEACHPORT are high, as opposed to average gains per annum over the past five years.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BEACHPORT, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 21 properties were sold in BEACHPORT during the past year, making it the 312th most active market in SA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $345,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 5.34% | N/A |
| Median 12 month | 13.11% | N/A |
| Median 3 years | 9.18% | N/A |
| Median 5 years | 16.95% | N/A |
| 10 years average annual | 4.12% | 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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