Over the last year, property investments in Fulham Gardens, 5024 have given investors a capital gain of 5.32%. This compares favourably with the 3.87% for SA as a whole.
While Fulham Gardens,5024 ranked number 246th in SA for increase in median house value (annualised) increase, it is ranked 130th over the last 5 years.
Fulham Gardens5024 is located in SA which offers an average discount of -6.14% to property investors. Fulham Gardens itself is showing figures that indicate -3.76% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $5280 per annum or $440 every week.
Fulham Gardens is an average performer in SA when comparing median price capital growth over the last year. Fulham Gardens gave property investors a average capital gain figure when compared to the rest of the state, with 0.28%.
A 33.70% growth in median value for property investors in Fulham Gardens,5024 puts this suburb at number 75th in terms of best performing suburbs in SA
At number 13th of SA’s most discounted properties, Fulham Gardens is in the bottom 10% of the state/territory when listing in order of most discounted to least.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.90%, without taking into account capital value appreciation, which has been averaging out at 5.44%.
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