Yatala Property Sales Overview
The median property value in Yatala for December is $913,531.
Houses have increased by 2.36% for the month and decreased 0% for the year.
Rental demand is up with yields increasing in February to 3.59%, from 3.49% in January.
The number of properties sold this quarter is down on last quarter from 10 to 0. This is down on the 5 year quarterly average of 19 indicating weaker demand.
What's the median House price in Yatala in December 2021?
The median property value for houses in Yatala is $913,531.
This is an increase of 2.36% ($892,444) from last month.
How much does it cost to rent a House in Yatala?
Rent prices in Yatala are the highest they've been in 12 months at $702.
This is up 18.98% from a 12 month low of $590 in December 2020 and a 3.08% up from last month.
What's the current rental yield in Yatala?
Rental yields for houses in Yatala is 3.59%.
This is up from a 12 month low of 3.49% in November 2021 and down from a 12 month high of 4% in April 2021.
How many properties sold in Yatala in February?
Total sales volume in Yatala is 0, which is down from 10 in the previous quarter.
This is -1.00% weaker than the weakest quarter in the last 5 years which was Q2 2017 with 1 sales and -100.00% weaker than the strongest quarter in the past 5 years which saw 9 sales in Q2 2020.
How long did it take to sell a property in Yatala in February?
16 days is the average time on market in Yatala in December, which is up from 15 in November.
This indicates a competitive market for buyers where the more organised you are the better chance you have of securing.
Are properties selling below or above the listing price in Yatala?
December sees the vendor expectation error for Yatala at 3.8% which means, on average, places sold for 3.8% more than the listing price.
This is handy to know as a buyer to set your expectation and to give you a more realistic view of what you might expect properties to sell for on auction day.
It’s worth noting that in a hot market you might want to set your price expectations even higher than the 3.8% as things can move pretty quickly.