Underdale has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -4.83% to date .
Taking the average capital gain, or increase in median house value, Underdale,5032 has racked up an average of -4.83% over the period. This ranks it number 3143th in the whole country for real estate investors looking at median house price increases.
Underdale5032 is located in SA which offers an average discount of -6.55% to property investors. Underdale itself is showing figures that indicate -9.65% is the average achievable by property buyers investing in the suburb.
Situated 4.49km from the CBD, Underdale is one of West Torrens localities in the postcode 5032.
At number 664th in the list of Australian suburbs ordered by increase in median house value over the last year, Underdale, 5032 is in the top 40% with a property value increase of 5.43% recorded in median house prices.
If we look at median property appreciation over just the last three months, Underdale has given property investors a paper return of -0.66%. This puts Suburb as 119 on a list of fastest fasting appreciating suburbs in SA
Sellers are offering property buyers an average discount of -6.50% to buyers in Underdale at the moment, which is less than average for the rest of SA.
At number 1267 in a list of fastest selling suburbs, Underdale is in the bottom 20% of suburbs in Australia with an average of days on market 112.93 for properties listed there.
With the median price for a house in Underdale being $301000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.01%