If you compare the increase in value of investment property in Plympton Park, 5038 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 11.96%.
The five-year average increase in median property values for Plympton Park,5038 has given property investors a potential capital gain of 20.00% across each of those five years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.51% offered to property buyers. Sellers in Plympton Park itself are offering an average vendor discount of -5.24% to real estate investors.
Often selling an investment property can take time, and in Plympton Park the average time real estate has been on the market is 52.25 days.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 6.09%, investors should hope to achieve an overall return of 3.67%
Plympton Park is an average performer in SA when comparing median price capital growth over the last year. Plympton Park gave property investors a average capital gain figure when compared to the rest of the state, with 5.42%.
Plympton Park,5038 was ranked 1461 in Australia by increase in median property value over the quarter.
Plympton Park5038 is located in SA which offers an average discount of -6.06% to property investors. Plympton Park itself is showing figures that indicate -9.60% is the average achievable by property buyers investing in the suburb.
In the last year 47 properties changed hands in Plympton Park, which puts it as the 35th most active market in SA when comparing the number of sales per suburb.
Situated 5.72km from the CBD, Plympton Park is one of Marion localities in the postcode 5038.