Property investments in WHYALLA STUART did not fare well against the rest of the country last year, registering a median home price decrease of -12.91%.
Real estate investors could earn a rental income of $210 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 163.2 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $145,000.
WHYALLA STUART ranks 7th on the list of best yielding suburbs for rental properties in SA, posting a 7.53% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-12.91%||-16%|
|Median 3 years||-43.58%||-30.58%|
|Median 5 years||-41.12%||-31.71%|
|10 years average annual||-1.56%||-1.66%|
|Weekly media advert. rent||$210||$140|
|Time on Market||163.2 days||170.5 days|
|Gross Rental Yield Percent||7.53%||8.67%|