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The SA suburb also 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 $160,000
Profits averaged -10.34% per annum over a 3-year period, due to an downward trend in home prices in BURRA, 5417.
This means, real estate investors could earn a rental income of $240 based on current median home prices for the suburb.
The gross rental yield in BURRA, 5417 is 7.8%.
An average of 2.33 real estate transactions take place per month in BURRA which translates to 28 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-12.57%||N/A|
|Median 3 years||-31.03%||N/A|
|Median 5 years||-6.57%||N/A|
|10 years average annual||-0.18%||N/A|
|Weekly media advert. rent||$240||N/A|
|Time on Market||115.3 days||N/A|
|Gross Rental Yield Percent||7.8%||N/A|
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