SA has seen average median house prices change by 3.04% which means that Kurralta Park, 5037 has done well for property investors by showing a capital gain of -7.91% over the last year
Kurralta Park,5037 has offered an average of -7.91% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.91% to buyers in Kurralta Park at the moment, which is less than average for the rest of SA.
Residents and property investors in Kurralta Park have been waiting around 80.11 days to sell a property.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 3.41%, investors should hope to achieve an overall return of 4.15%
Kurralta Park, 5037 ranked 23th 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
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kurralta Park has increased when compared to the 5 year average annual rate.
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 -9.21% is being offered, which puts this SA suburb at 97th most discounted overall in Australia.
On average over the past year, suburb has had 3.00 sales per month, which equates to 36 per year.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 7.63%, investors should hope to achieve an overall return of 4.25%