At number 2125th in the list of Australian suburbs ordered by increase in median house value over the last year, Fulham Gardens, 5024 is in the BOTTOM 50% with a property value increase of 4.79% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Fulham Gardens,5024 has racked up an average of 4.79% over the period. This ranks it number 1892th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Fulham Gardens should be aiming for at least -3.81% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Fulham Gardens the average time real estate has been on the market is 73.26 days.
The SA suburb of Fulham Gardens, 5024 is in the Charles Sturt local government area.
SA has seen average median house prices change by 4.05% which means that Fulham Gardens, 5024 has done well for property investors by showing a capital gain of 10.53% over the last year
A 16.52% growth in median value for property investors in Fulham Gardens,5024 puts this suburb at number 74th in terms of best performing suburbs in SA
At number 7th 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.
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