Giving property investors a an unimpressive capital gain of -0.49% for the last year, Kurralta Park, 5037 is the 2962th highest performer in Australia in this respect.
Across a shorter period, Kurralta Park, 5037 has seen a median price increase of -12.33% over the last quarter.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.54% offered to property buyers. Sellers in Kurralta Park itself are offering an average vendor discount of -2.92% to real estate investors.
With the median price for a house in Kurralta Park being $510000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.08%
Property investors who have had real estate in Kurralta Park, 5037 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.31%
Taking the average capital gain, or increase in median house value, Kurralta Park,5037 has racked up an average of 14.31% over the period. This ranks it number 701th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Kurralta Park are currently offering property investors an average price cut of -7.00% below the asking price at the moment.
Residents and property investors in Kurralta Park have been waiting around 95.45 days to sell a property.
Kurralta Park, 5037’s gross rental yield is 4.26%