SA/
Solomontown

Suburb Profile

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

house

Property investors have seen a 4.44% gain in SOLOMONTOWN based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains SOLOMONTOWN, 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 $117,500

Profits averaged 0.29% per annum over a 3-year period, due to an upward trend in home prices in SOLOMONTOWN, 5540.

This means, real estate investors could earn a rental income of $205 based on current median home prices for the suburb.

The gross rental yield in SOLOMONTOWN, 5540 is 9.07%.

An average of 1.5 real estate transactions take place per month in SOLOMONTOWN which translates to 18 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $117,500 N/A
GROWTH REPORT
Median Quarterly 4.44% N/A
Median 12 month -27.47% N/A
Median 3 years 0.86% N/A
Median 5 years -31.88% N/A
10 years average annual 2.8% N/A
Weekly media advert. rent $205 N/A
Time on Market 127.3 days N/A
Gross Rental Yield Percent 9.07% N/A
demographics (median values)
Total Population
1241
Weekly Household Income
541.4
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories