Cumberland Park, 5041 ranked 47th in SA when comparing growth in median property values or capital gain over the last 12 months. Cumberland Park is one of 853 in our list for SA
If we look at median property appreciation over just the last three months, Cumberland Park has given property investors a paper return of 2.08%. This puts Suburb as 148 on a list of fastest fasting appreciating suburbs in SA
Vendor discounting in Cumberland Park is giving property investors an average Vendor Discount of around -4.66%. This puts suburb at number 296th in SA when ranking the most discounted suburbs.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 7.27%, investors should hope to achieve an overall return of 3.04%
Cumberland Park is in the bottom 20% in SA when comparing median price capital growth over the last year. Cumberland Park gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.03%.
Cumberland Park,5041 was ranked 1634 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Cumberland Park are currently offering property investors an average price cut of -4.49% below the asking price at the moment.
At number 1018 in a list of fastest selling suburbs, Cumberland Park is in the bottom 40% of suburbs in Australia with an average of days on market 90.58 for properties listed there.
Using the current median advertised rental of $295 and the average annual increase in value of a median property of 4.87%, investors should hope to achieve an overall return of 5.05%