Fulham Gardens has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 3.65% to date .
A 23.92% growth in median value for property investors in Fulham Gardens,5024 puts this suburb at number 325th in terms of best performing suburbs in SA
Property buyers and investors in Fulham Gardens 5024 should be seeing an average reduction in asking price of around -3.73% . This means that Fulham Gardens is holding prices well when compared to other suburbs in SA.
Over the last year, property investments in Fulham Gardens, 5024 have given investors a capital gain of -1.11%. This compares badly with the 3.99% for SA as a whole.
Taking the average capital gain, or increase in median house value, Fulham Gardens,5024 has racked up an average of -1.11% over the period. This ranks it number 1516th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Fulham Gardens is $356000, with sellers offering an average of -9.04% off the asking price.
On average over the past year, suburb has had 2.33 sales per month, which equates to 28 per year.
Advertised rents are around the $340 mark per week – giving a return of 4.97% based on the median price in Suburb
Situated in the western part of the Adelaide metropolitan area, Fulham Gardens is flourishing in a market that had faced struggles in past years. Prices have been rising steadily over a five-year period. In the January 2017 quarter alone, there was over 5% growth.Full summary
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Nature-loving suburb blooms
Median house price: $634,000
Vacancy rate: 1.01%
Three-year growth: 32.08%
Situated in the western part of the Adelaide metropolitan area, Fulham Gardens is flourishing in a market that had faced struggles in past years.
Prices have been rising steadily over a five-year period. In the January 2017 quarter alone, there was over 5% growth. The average vacancy rate slipped from 1.27% in 2016 to just 1.01%, indicating that while rental yields are not very high at 3.7%, investors can expect a steady stream of occupants. Vendors also benefit from the ability to offer low average discounts of 5.12%.
Fulham Gardens has a shopping centre composed of small shops, a bakery and dining establishments. The suburb also houses part of Torrens Linear Park, along with various smaller reserves.
Locals can travel to the Adelaide CBD by car through Tapleys Hill Road and Grange Road. Grange Road also leads to the beach. The Adelaide Metro has bus routes running through this suburb as well.Close