With a capital gain of 0.09% for the last 12 months, Underdale, 5032 has performed for property investments than its average annual 5.76% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Underdale has increased when compared to the 5 year average annual rate.
Property buyers and investors in Underdale 5032 should be seeing an average reduction in asking price of around -5.99% . This means that Underdale is holding prices well when compared to other suburbs in SA.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.83%, without taking into account capital value appreciation, which has been averaging out at 5.76%.
If you compare the increase in value of investment property in Underdale, 5032 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 13.24%.
Over the longer term, Underdale has seen property prices show investors a -1.52% return over the last 3 years. This is an improvement over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Underdale, 5032. Typically our figures indicate that -5.47% is being offered, which puts this SA suburb at 618th most discounted overall in Australia.
Situated 4.17km from the CBD, Underdale is one of West Torrens localities in the postcode 5032.