Property value increases in Edwardstown have tracked just lower than the SA average of 3.45% over the last 12 months.
Taking the average capital gain, or increase in median house value, Edwardstown,5039 has racked up an average of 0.64% over the period. This ranks it number 2504th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Edwardstown is $473000, with sellers offering an average of -2.20% off the asking price.
With the median price for a house in Edwardstown being $473000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.07%
Investment property in Edwardstown has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.20%
A 16.69% growth in median value for property investors in Edwardstown,5039 puts this suburb at number 161th in terms of best performing suburbs in SA
Edwardstown, 5039 is offering SA ‘s 38th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this SA.
In the last year 32 properties changed hands in Edwardstown, which puts it as the 60th most active market in SA when comparing the number of sales per suburb.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 4.77%, investors should hope to achieve an overall return of 4.23%
Just 6km southwest of Adelaide, the suburb of Edwardstown is climbing in value. Median house prices here are just shy of $450,000, whereas the median unit value approaches $300,000, an increase of 4.4%.Full summary
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Just 6km southwest of Adelaide, the suburb of Edwardstown is climbing in value.
Median house prices here are just shy of $450,000, whereas the median unit value approaches $300,000, an increase of 4.4%. Growth can be attributed to Edwardstown’s location and affordability.
The suburb houses the Castle Plaza Shopping Centre, providing residents with many necessary amenities. There is also a medical centre.
Edwardstown is surrounded by suburbs like Clovelly Park, which is home to several schools and reserves.
By bus, Adelaide is roughly 20 minutes from Edwardstown. Commuters can also take the train from Edwardstown Railway Station, which serves the Seaford and Tonsley lines.Close