With a capital gain of 12.89% for the last 12 months, Underdale, 5032 has performed for property investments than its average annual 3.66% property growth over the last 5 years.
Advertised rents are around the $400 mark per week – giving a return of 3.47% based on the median price in Suburb
Underdale, 5032 ranked 45th in SA when comparing growth in median property values or capital gain over the last 12 months. Underdale is one of 853 in our list for SA
Across a shorter period, Underdale, 5032 has seen a median price increase of 2.19% over the last quarter.
Sellers are offering property buyers an average discount of -6.30% to buyers in Underdale at the moment, which is less than average for the rest of SA.
With the median price for a house in Underdale being $339000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.60%