Property investors have seen a 4.92% gain in CLARE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on CLARE, 5453 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 17%.
Based on its average 5-year and quarterly capital gains CLARE, 5453 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 $320,000
Profits averaged 2.55% per annum over a 3-year period, due to an upward trend in home prices in CLARE, 5453.
This means, real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
The gross rental yield in CLARE, 5453 is 4.71%.
An average of 6.58 real estate transactions take place per month in CLARE which translates to 79 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||17%||N/A|
|Median 3 years||7.65%||N/A|
|Median 5 years||18.19%||N/A|
|10 years average annual||2.77%||N/A|
|Weekly media advert. rent||$290||N/A|
|Time on Market||113.0 days||N/A|
|Gross Rental Yield Percent||4.71%||N/A|