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 7.33%.
When looking at the potential capital gains offered to property investors over the last 3 years, Birkenhead comes in at number 100th in SA.
Property investors looking for a bargain in Birkenhead should be aiming for at least -6.47% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Birkenhead being $402500 and the advertised rent reaching $352.5 the gross rental yield for property investors calculates out to be 4.55%