At number 616th in the list of Australian suburbs ordered by increase in median house value over the last year, Allenby Gardens, 5009 is in the top 20% with a property value increase of 14.98% recorded in median house prices.
Over the longer term, Allenby Gardens has seen property prices show investors a 27.16% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Allenby Gardens, 5009. Typically our figures indicate that -2.35% is being offered, which puts this SA suburb at 3685th most discounted overall in Australia.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.53%, without taking into account capital value appreciation, which has been averaging out at 4.76%.
While Allenby Gardens,5009 ranked number 108th in SA for increase in median house value (annualised) increase, it is ranked 160th over the last 5 years.
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.