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Investment Property Prospect, SA, 5082

Suburb Snapshot

Prospect is a suburb in the Prospect Region of South Australia. Prospect has a population of 13,275 people and 28.63% of its occupants live in rental accommodation. The median listing price for houses is $1,025,000 and this has changed 28.28% over the past year and changed 15.16% over 2 years.

The median rent in Prospect for houses is $600 per week and the median rental yield is 3.04%. Stock on the market for houses/townhouses has changed 135.00% compared to last year and the average time to sell a house/townhouse is 77 days.The median listing price for units is $475,000 and this has changed 13.36% over the past year. The average unit takes 78 days to sell and the median rent for a unit in Prospect is $475 per week, producing a rental yield of 5.20%.

Supply & Demand in Prospect, Prospect

0.65%

Current vacancy rate


44

Rental stock available


13,275

Population


28.63%

Rental population


0.68%

Current vacancy rate


61

Rental stock available


20,518

Population


28.85%

Rental population


0.50%

Current vacancy rate


4,460

Rental stock available


1,676,654

Population


25.08%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Prospect, Prospect

  House Townhouses Units
Median listing price $1,025,000 $742,500 $475,000
Median price change - last quarter 3.90% 3.84% 0.00%
Median price change - 1 year 28.28% 10.00% 13.36%
Median price change - 2 years 15.16% 35.00% 16.13%
  House Townhouses Units
Median weekly rent $600 $625 $475
Median yield % 3.04% 4.37% 5.20%
Median rent change - 1 year 7.14% 4.16% 7.95%
  House Units
Previous month sales 46 4
Stock on market previous month 47 8
Stock variance vs. last year 135.00% -27.27%
Average days on market 77 78

Prospect investment property listings

Showing 1 of 1 investment properties found in Prospect on realestateinvestar.com.au

34 Braund Rd, Prospect

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A New Foundation in a Prime Location Awaits!

Nestled in the highly desirable suburb of Prospect, located on tree lined Braund Road, adjacent Fitzroy. With easy access to Prospect Village, North Adelaide and the CBD, this original home is awaiting its new owners and is a perfect canvas for transformation into your own personal haven. With a ...

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SA 5082


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