Over the last year, property investments in Cumberland Park, 5041 have given investors a capital gain of -7.61%. This compares very badly with the 3.22% for SA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Cumberland Park comes in at number 211th in SA.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.46%, without taking into account capital value appreciation, which has been averaging out at 6.37%.
Property value increases in Cumberland Park have tracked just lower than the SA average of 4.44% over the last 12 months.
The most recent median price for Cumberland Park is $337750, with sellers offering an average of -4.18% off the asking price.
Often selling an investment property can take time, and in Cumberland Park the average time real estate has been on the market is 75.68 days.