At number 3028th in the list of Australian suburbs ordered by increase in median house value over the last year, Ferryden Park, 5010 is in the BOTTOM 30% with a property value increase of -1.61% recorded in median house prices.
While Ferryden Park,5010 ranked number 291th in SA for increase in median house value (annualised) increase, it is ranked 161th over the last 5 years.
Ferryden Park5010 is located in SA which offers an average discount of -6.55% to property investors. Ferryden Park itself is showing figures that indicate -3.24% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 3.58 sales per month, which equates to 43 per year.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.37%, without taking into account capital value appreciation, which has been averaging out at 4.21%.
With a capital gain of 5.69% for the last 12 months, Ferryden Park, 5010 has performed for property investments than its average annual 6.13% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Ferryden Park has given property investors a paper return of -1.52%. This puts Suburb as 134 on a list of fastest fasting appreciating suburbs in SA
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 Ferryden Park, 5010. Typically our figures indicate that -6.22% is being offered, which puts this SA suburb at 435th most discounted overall in Australia.
Property investors should expect to get $305 weekly from the median priced house in this suburb.