The suburb’s capital gain of 10% for the past year is higher than average compared to its -8.06% growth within a five-year period.
Also in PORT AUGUSTA, the median home price is sitting at $154,000, and the average rent at $250, this suggests property owners could potentially earn a 8.44% increase in gross rental yield.
Property investors have seen a -3.75% drop in PORT AUGUSTA based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 0.96% growth over a ten-year period. It ranks 3016th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10%||N/A|
|Median 3 years||-9.41%||N/A|
|Median 5 years||-8.06%||N/A|
|10 years average annual||0.96%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||129.0 days||N/A|
|Gross Rental Yield Percent||8.44%||N/A|