Giving property investors a a stable capital gain of 8.46% for the last year, Daw Park, 5041 is the 1348th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Daw Park,5041 has racked up an average of 8.46% over the period. This ranks it number 2091th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Daw Park are currently offering property investors an average price cut of -3.92% below the asking price at the moment.
A $402.5 per week rent on the median house gives suburb investors a gross yield of circa 3.77%, without taking into account capital value appreciation, which has been averaging out at 5.69%.
Daw Park has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -6.69% to date .
Daw Park, 5041 is offering SA ‘s 101th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this SA.
Residents and property investors in Daw Park have been waiting around 70.78 days to sell a property.
Advertised rents are around the $295 mark per week – giving a return of 5.06% 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