Augusta

A steady increase in median property prices over a five-year period in the suburb translates to a 40.17% capital gain.

The 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 $837,500.

Profits due to an upward trend in home prices there averaged 13.39% per annum over a 3-year period.

Home owners selling their properties and realtors in AUGUSTA usually have to wait an average of 66.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $650 mark, reflecting a 4.04% increase in returns based on the current median price in AUGUSTA.

AUGUSTA, 6290 places 67th in Australia based on median property value growth during the quarter.