Over the last year, property investments in Daw Park, 5041 have given investors a capital gain of 21.22%. This compares very favourably with the 3.17% for SA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Daw Park comes in at number 60th in SA.
The most recent median price for Daw Park is $592750, with sellers offering an average of -3.62% off the asking price.
Daw Park is 317th on a list of best yielding suburbs for rents in SA with a 3.49% return
With a capital gain of 2.19% for the last 12 months, Daw Park, 5041 has performed for property investments than its average annual 3.72% property growth over the last 5 years.
Comparing Daw Park,5041 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.37% offered to property buyers. Sellers in Daw Park itself are offering an average vendor discount of -5.53% to real estate investors.
At number 697 in a list of fastest selling suburbs, Daw Park is just in the top half of suburbs in Australia with an average of days on market 74.63 for properties listed there.
Advertised rents are around the $295 mark per week – giving a return of 4.87% based on the median price in Suburb
Daw Park has considerable long-term potential, seeing as it has been on the up for the past five years. Over the December 2016 quarter, Daw Park recorded nearly 14% growth, culminating in a strong 12.5% rise for the previous 12 months. Rental yields are not very high; however, sellers profit through being able to offer discount rates lower than 5%.Full summary
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Inner city suburb draws residents with accessibility
Median house price: $570,000
Three-year growth: 20.10%
Rental yield: 3.60%
Situated in the inner southern part of Adelaide, Daw Park is home to the Repatriation General Hospital, which focuses on caring for veterans.
This suburb has considerable long-term potential, seeing as it has been on the up for the past five years. Over the December 2016 quarter, Daw Park recorded nearly 14% growth, culminating in a strong 12.5% rise for the previous 12 months. Rental yields are not very high; however, sellers profit through being able to offer discount rates lower than 5%.
Daw Park is surrounded by Colonel Light Gardens, Cumberland Park and Melrose Park, providing residents with access to amenities such as parks, gardens, bicycle trails, sporting clubs and schools. Daw Park is also just roughly 15 minutes south of the Adelaide CBD via Goodwood Road, with bus services offered to commuters. This proximity adds to Daw Park’s appeal to buyers.Close