With a capital gain of -9.12% for the last 12 months, Cumberland Park, 5041 has performed for property investments than its average annual 6.46% property growth over the last 5 years.
Comparing Cumberland Park,5041 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
If you compare the increase in value of investment property in Cumberland Park, 5041 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 5.18%.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.18% offered to property buyers. Sellers in Cumberland Park itself are offering an average vendor discount of -4.79% 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 72.85 days.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.37%, without taking into account capital value appreciation, which has been averaging out at 4.77%.