SA/
Solomontown

Suburb Profile

Solomontown - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5540

house

Property investors have seen a -8.08% drop in SOLOMONTOWN based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains SOLOMONTOWN, 5540 saw average decrease 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 $113,750

Profits averaged -0.36% per annum over a 3-year period, due to an downward trend in home prices in SOLOMONTOWN, 5540.

This means, real estate investors could earn a rental income of $210 based on current median home prices for the suburb.

The gross rental yield in SOLOMONTOWN, 5540 is 9.6%.

An average of 2 real estate transactions take place per month in SOLOMONTOWN which translates to 24 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $113,750 N/A
GROWTH REPORT
Median Quarterly -8.08% N/A
Median 12 month -1.94% N/A
Median 3 years -1.09% N/A
Median 5 years -21.55% N/A
10 years average annual 1.74% N/A
Weekly media advert. rent $210 N/A
Time on Market 108.7 days N/A
Gross Rental Yield Percent 9.6% N/A
demographics (median values)
Total Population
1241
Weekly Household Income
541.4
Household Size
2.30
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Solomontown, SA
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