Mansfield Park has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 8.32% to date .
Mansfield Park,5012 has offered an average of 8.32% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Mansfield Park is giving property investors an average Vendor Discount of around -6.73%. This puts suburb at number 139th in SA when ranking the most discounted suburbs.
A $322.5 per week rent on the median house gives suburb investors a gross yield of circa 4.03%, without taking into account capital value appreciation, which has been averaging out at 6.13%.
With a capital gain of 11.01% for the last 12 months, Mansfield Park, 5012 has performed for property investments than its average annual 6.59% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mansfield Park has increased when compared to the 5 year average annual rate.
Property buyers and investors in Mansfield Park 5012 should be seeing an average reduction in asking price of around -9.43% . This means that Mansfield Park is holding prices well when compared to other suburbs in SA.
With the median price for a house in Mansfield Park being $307500 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 4.48%