STIRLING NORTH, 5710 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in SA have risen as a whole, pulling STIRLING NORTH, 5710 values up and netting property investors a capital gain of 20.37% for the past year.
Investors saw the median home price rise to $260,000.
Profits due to an downward trend in home prices in the suburb averaged -0.63% per annum over a 3-year period.
Because of this real estate investors could earn a rental income of $280 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In STIRLING NORTH, homes and units usually stay on listing for an average of 135.5 days.
In 2016, 25 properties were sold in STIRLING NORTH during the past year, making it the 292nd most active market in SA based on total real estate transactions.
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