Property investors have seen a 6.03% gain in RISDON PARK SOUTH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains RISDON PARK SOUTH, 5540 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 $272,500
Profits averaged -0.6% per annum over a 3-year period, due to an downward trend in home prices in RISDON PARK SOUTH, 5540.
This means, real estate investors could earn a rental income of $240 based on current median home prices for the suburb.
The gross rental yield in RISDON PARK SOUTH, 5540 is 4.58%.
An average of 2 real estate transactions take place per month in RISDON PARK SOUTH which translates to 24 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $272,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.03% | N/A |
| Median 12 month | -0.91% | N/A |
| Median 3 years | -1.8% | N/A |
| Median 5 years | 0.46% | N/A |
| 10 years average annual | 6.81% | N/A |
| Weekly media advert. rent | $240 | N/A |
| Time on Market | 143.7 days | N/A |
| Gross Rental Yield Percent | 4.58% | N/A |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...