With a capital gain of 11.49% for the last 12 months, Daw Park, 5041 has performed for property investments than its average annual 5.90% property growth over the last 5 years.
The five-year average increase in median property values for Daw Park,5041 has given property investors a potential capital gain of 20.60% across each of those five years.
Property investors looking for a bargain in Daw Park should be aiming for at least -3.31% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $410 mark per week – giving a return of 3.84% based on the median price in Suburb
Daw Park, 5041 ranked 150th in SA when comparing growth in median property values or capital gain over the last 12 months. Daw Park is one of 853 in our list for SA
Comparing Daw Park,5041 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
At number 107th of SA’s most discounted properties, Daw Park is in the TOP 40% of the state/territory when listing in order of most discounted to least.
A $295 per week rent on the median house gives suburb investors a gross yield of circa 5.10%, without taking into account capital value appreciation, which has been averaging out at 3.28%.
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