$3m-plus suburbs double during the pandemic as allure of luxury property grows
With more Australians racking up more savings than ever before and affordability improving across the real estate market, the allure of luxu...
Property investors have seen a 2.74% gain in SNOWTOWN based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SNOWTOWN, 5520 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 $75,000
The gross rental yield in SNOWTOWN, 5520 is 0%.
An average of 0.92 real estate transactions take place per month in SNOWTOWN which translates to 11 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $75,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.74% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | -10% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
With more Australians racking up more savings than ever before and affordability improving across the real estate market, the allure of luxu...
As mortgage rates hit historical lows, Aussies are increasingly wondering whether it’s cheaper to buy or rent. ...
With wages growth at record-low levels, a property expert has warned continuing low and flat wages could impede home price growth. ...
Despite momentary disruptions, the auction market found a way to thrive and boom amid the impact of COVID-19. ...
Residential housing construction costs are trending higher as dwelling approvals for houses continue to reach record highs, a new report has...
With one in five city residents tipped to move to the regions, experts are pressing for reforms to improve limited supply, inadequate infras...
Get notifications in real-time for staying up to date with content that matters to you.
