Property investors have seen a -0.56% drop in BURRA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BURRA, 5417 saw average growth in the long term.
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 $178,000
Profits averaged -5.08% 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 $250 based on current median home prices for the suburb.
The gross rental yield in BURRA, 5417 is 7.3%.
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||5.33%||N/A|
|Median 3 years||-15.24%||N/A|
|Median 5 years||5.48%||N/A|
|10 years average annual||2.78%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||184.5 days||N/A|
|Gross Rental Yield Percent||7.3%||N/A|