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Property investors have seen a -0.28% drop in CLARE based on a decrease in median home prices for the past three months.
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 $350,000
Profits averaged 8.22% 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 $304.75 based on current median home prices for the suburb.
The gross rental yield in CLARE, 5453 is 4.53%.
An average of 8.75 real estate transactions take place per month in CLARE which translates to 105 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $350,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | -0.28% | N/A |
Median 12 month | 8.53% | N/A |
Median 3 years | 24.67% | N/A |
Median 5 years | 27.27% | N/A |
10 years average annual | 3.13% | N/A |
Weekly media advert. rent | $304.75 | N/A |
Time on Market | 77.8 days | N/A |
Gross Rental Yield Percent | 4.53% | N/A |