At number 3110th in the list of Australian suburbs ordered by increase in median house value over the last year, Cumberland Park, 5041 is in the BOTTOM 30% with a property value increase of -1.69% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Cumberland Park comes in at number 124th in SA.
Cumberland Park has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -2.49% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cumberland Park has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.84% to buyers in Cumberland Park at the moment, which is less than average for the rest of SA.
Residents and property investors in Cumberland Park have been waiting around 76.53 days to sell a property.
Property investors should expect to get $300 weekly from the median priced house in this suburb.