RBA bearish on investment outlook
The Reserve Bank of Australia has revised its outlook for dwelling investment as the second lockdown in Victoria is likely to have sharper d...
Property investors have seen a 7.19% gain in RISDON PARK SOUTH based on an increase in median home prices for the past three months.
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 $339,000
This means, real estate investors could earn a rental income of $200 based on current median home prices for the suburb.
The gross rental yield in RISDON PARK SOUTH, 5540 is 3.07%.
An average of 1.67 real estate transactions take place per month in RISDON PARK SOUTH which translates to 20 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $339,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.19% | 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 | N/A | N/A |
| Weekly media advert. rent | $200 | N/A |
| Time on Market | 108.2 days | N/A |
| Gross Rental Yield Percent | 3.07% | N/A |
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