Investors cautioned as property developers on the ‘hit list’
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
EDITHBURGH, 5583 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 $230,000.
Profits due to an downward trend in home prices in the suburb averaged -5.07% per annum over a 3-year period.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In EDITHBURGH, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 11 properties were sold in EDITHBURGH during the past year, making it the 453rd most active market in SA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $230,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | -15.21% | N/A |
| Median 5 years | 4.55% | N/A |
| 10 years average annual | 1.75% | 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 |
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