If you compare the increase in value of investment property in Kurralta Park, 5037 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 14.98%.
Across a shorter period, Kurralta Park, 5037 has seen a median price increase of 2.15% over the last quarter.
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 Kurralta Park, 5037. Typically our figures indicate that -6.40% is being offered, which puts this SA suburb at 1343th most discounted overall in Australia.
Advertised rents are around the $420 mark per week – giving a return of 3.67% based on the median price in Suburb
Kurralta Park, 5037 ranked 143th in SA when comparing growth in median property values or capital gain over the last 12 months. Kurralta Park is one of 853 in our list for SA
While Kurralta Park,5037 ranked number 141th in SA for increase in median house value (annualised) increase, it is ranked 24th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Kurralta Park is offering property investors an average of -6.27. This rate of discount on properties puts Suburb at number 24th in terms of most discounted suburbs in SA
Situated 3.42km from the CBD, Kurralta Park is one of West Torrens localities in the postcode 5037.