Investment property in Kidman Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.89%
While Kidman Park,5025 ranked number 404th in SA for increase in median house value (annualised) increase, it is ranked 115th over the last 5 years.
Sellers are offering property buyers an average discount of -5.87% to buyers in Kidman Park at the moment, which is less than average for the rest of SA.
A $427.5 per week rent on the median house gives suburb investors a gross yield of circa 3.76%, without taking into account capital value appreciation, which has been averaging out at 3.70%.
Kidman Park is in the bottom 20% in SA when comparing median price capital growth over the last year. Kidman Park gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.86%.
If we look at median property appreciation over just the last three months, Kidman Park has given property investors a paper return of -4.07%. This puts Suburb as 144 on a list of fastest fasting appreciating suburbs in SA
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 5.78%, investors should hope to achieve an overall return of 5.32%