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Two Wells

SA/
Two wells

Suburb Profile

Two Wells - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5501

house

Property investments in TWO WELLS did not fare well against the rest of the country last year, registering a median home price decrease of -38.47%.

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

Based on its average 5-year and quarterly capital gains TWO WELLS, 5501 saw average decrease in the long term.

Real estate investors could earn a rental income of $420 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 149.0 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 $261,500.

TWO WELLS ranks 7th on the list of best yielding suburbs for rental properties in SA, posting a 8.35% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $261,500 N/A
GROWTH REPORT
Median Quarterly -8.25% N/A
Median 12 month -38.47% N/A
Median 3 years -27.36% N/A
Median 5 years -21.94% N/A
10 years average annual -1.3% N/A
Weekly media advert. rent $420 N/A
Time on Market 149.0 days N/A
Gross Rental Yield Percent 8.35% N/A
demographics (median values)
Total Population
2349
Weekly Household Income
979.4
Household Size
2.80
demographics
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