If you compare the increase in value of investment property in Birkenhead, 5015 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 11.46%.
Over the longer term, Birkenhead has seen property prices show investors a 12.90% 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 Birkenhead is offering property investors an average of -6.50. This rate of discount on properties puts Suburb at number 285th in terms of most discounted suburbs in SA
With the median price for a house in Birkenhead being $437500 and the advertised rent reaching $367.5 the gross rental yield for property investors calculates out to be 4.37%