Flinders Park has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 3.77% to date .
Taking the average capital gain, or increase in median house value, Flinders Park,5025 has racked up an average of 3.77% over the period. This ranks it number 1303th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Flinders Park is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 280th in terms of most discounted suburbs in SA
Often selling an investment property can take time, and in Flinders Park the average time real estate has been on the market is 63.98 days.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 5.88%, investors should hope to achieve an overall return of 3.50%
Flinders Park is in the bottom 20% in SA when comparing median price capital growth over the last year. Flinders Park gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.92%.
Comparing Flinders Park,5025 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
A $280 per week rent on the median house gives suburb investors a gross yield of circa 3.92%, without taking into account capital value appreciation, which has been averaging out at 3.50%.