Giving property investors a an average capital gain of 7.95% for the last year, Cumberland Park, 5041 is the 1787th highest performer in Australia in this respect.
The five-year average increase in median property values for Cumberland Park,5041 has given property investors a potential capital gain of 38.33% 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 -6.34% offered to property buyers. Sellers in Cumberland Park itself are offering an average vendor discount of -4.65% to real estate investors.
Often selling an investment property can take time, and in Cumberland Park the average time real estate has been on the market is 47.76 days.
Property investors should expect to get $425 weekly from the median priced house in this suburb.
Cumberland Park has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -2.31% to date .
Taking the average capital gain, or increase in median house value, Cumberland Park,5041 has racked up an average of -2.31% over the period. This ranks it number 1322th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.24% to buyers in Cumberland Park at the moment, which is less than average for the rest of SA.
Often selling an investment property can take time, and in Cumberland Park the average time real estate has been on the market is 99.23 days.
Cumberland Park, 5041’s gross rental yield is 4.54%