Investment property in Royal Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.22%
A 8.52% growth in median value for property investors in Royal Park,5014 puts this suburb at number 34th in terms of best performing suburbs in SA
Property buyers and investors in Royal Park 5014 should be seeing an average reduction in asking price of around -7.63% . This means that Royal Park is holding prices well when compared to other suburbs in SA.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
If we look at median property appreciation over just the last three months, Royal Park has given property investors a paper return of 20.67%. This puts Suburb as 2 on a list of fastest fasting appreciating suburbs in SA
Property investors looking for a bargain in Royal Park should be aiming for at least -7.95% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $280 mark per week – giving a return of 4.64% based on the median price in Suburb