Underdale is in the bottom 30% in SA when comparing median price capital growth over the last year. Underdale gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.58%.
Across a shorter period, Underdale, 5032 has seen a median price increase of -7.11% over the last quarter.
Our latest figures would indicate that property sellers in Underdale are currently offering property investors an average price cut of -9.99% below the asking price at the moment.
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
Underdale, 5032 ranked 70th 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
Underdale,5032 was ranked 273 in Australia by increase in median property value over the quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.18% offered to property buyers. Sellers in Underdale itself are offering an average vendor discount of -6.72% to real estate investors.
In the last year 15 properties changed hands in Underdale, which puts it as the 154th most active market in SA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3450 per annum or $287.5 every week.