With a capital gain of -3.03% for the last 12 months, West Croydon, 5008 has performed for property investments than its average annual 5.06% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, West Croydon has given property investors a paper return of -3.91%. This puts Suburb as 381 on a list of fastest fasting appreciating suburbs in SA
The most recent median price for West Croydon is $528500, with sellers offering an average of -1.83% off the asking price.
Advertised rents are around the $380 mark per week – giving a return of 3.74% based on the median price in Suburb
While West Croydon,5008 ranked number 98th in SA for increase in median house value (annualised) increase, it is ranked 67th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.27% offered to property buyers. Sellers in West Croydon itself are offering an average vendor discount of -3.67% to real estate investors.
On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.
West Croydon is 106th on a list of best yielding suburbs for rents in SA with a 4.61% return