Over the last year, property investments in Ferryden Park, 5010 have given investors a capital gain of 10.20%. This compares very favourably with the 3.35% for SA as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ferryden Park has increased when compared to the 5 year average annual rate.
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 -4.28% is being offered, which puts this SA suburb at 3004th most discounted overall in Australia.
In the last year 40 properties changed hands in Ferryden Park, which puts it as the 237th most active market in SA when comparing the number of sales per suburb.
Situated 7.46km from the CBD, Ferryden Park is one of Port Adelaide Enfield localities in the postcode 5010.
Investment property in Ferryden Park has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 23.23%
Taking the average capital gain, or increase in median house value, Ferryden Park,5010 has racked up an average of 23.23% over the period. This ranks it number 648th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Ferryden Park should be aiming for at least -4.62% off the asking price, which is the average vendor discount being achieved at the moment.