AREA REPORTS

Freeling

Suburb Profile

Freeling - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5372

house

Property investments in FREELING did not fare well against the rest of the country last year, registering a median home price decrease of 0.56%.

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

Based on its average 5-year and quarterly capital gains FREELING, 5372 saw average growth in the long term.

Real estate investors could earn a rental income of $340 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 111.3 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 $313,750.

FREELING ranks 58th on the list of best yielding suburbs for rental properties in SA, posting a 5.64% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $313,750 N/A
GROWTH REPORT
Median Quarterly 5.91% N/A
Median 12 month 0.56% N/A
Median 3 years -1.95% N/A
Median 5 years -5.64% N/A
10 years average annual 3.34% N/A
Weekly media advert. rent $340 N/A
Time on Market 111.3 days N/A
Gross Rental Yield Percent 5.64% N/A
demographics (median values)
Total Population
1639
Weekly Household Income
972.7
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Wood house, incentives

Big incentives for property investors under new housing package

As part of its housing affordability plans, the federal opposition has announced its plans to incentivise property investors should it come ...

House for sale

Summer buying opportunities crop up in big markets

The majority of Australia’s capital cities recorded value declines over the last week, new data reveals. ...

Off the plan development

How property developers can win in a softening market

Despite the current marketing softening, there is still space for developers and investors to find solid returns if they're strategic with t...

Piggy bank

Saving for a property purchase over the holidays

Over the holiday season, it can be more difficult to keep control over your spending. However, saving for a property doesn’t mean you have...

Lending money

Investment tip: How to pick a lender in today’s tight credit environment

Amid a tight lending environment and the financial services royal commission, should investors continue to seek financing from major banks o...

Office space

Office investment in Melbourne is boosting resi investment

Melbourne has been listed as an international investment hotspot and its increase in office investment is helping push up residential invest...