If you compare the increase in value of investment property in Albert Park, 5014 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 6.73%.
Over the longer term, Albert Park has seen property prices show investors a 17.26% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Albert Park is offering property investors an average of -6.54. This rate of discount on properties puts Suburb at number 379th in terms of most discounted suburbs in SA
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.78%, investors should hope to achieve an overall return of 4.25%