Daw Park is an average performer in SA when comparing median price capital growth over the last year. Daw Park gave property investors a average capital gain figure when compared to the rest of the state, with 1.76%.
The five-year average increase in median property values for Daw Park,5041 has given property investors a potential capital gain of 9.26% across each of those five years.
At number 364th of SA’s most discounted properties, Daw Park is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Daw Park the average time real estate has been on the market is 49.83 days.
Advertised rents are around the $395 mark per week – giving a return of 3.96% based on the median price in Suburb
Property value increases in Daw Park have tracked just lower than the SA average of 4.30% over the last 12 months.
A 11.94% growth in median value for property investors in Daw Park,5041 puts this suburb at number 152th in terms of best performing suburbs in SA
Property buyers and investors in Daw Park 5041 should be seeing an average reduction in asking price of around -7.11% . This means that Daw Park is holding prices well when compared to other suburbs in SA.
Daw Park, 5041’s gross rental yield is 5.03%
Located just 7 km from Adelaide CBD, Daw Park offers renovators a wide range of properties in need of renovations says Prue Muirhead, Your Investment Property Investor of the Year Award winner for 2009.Full summary
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Located just 7 km from Adelaide CBD, Daw Park offers renovators a wide range of properties in need of renovations says Prue Muirhead, Your Investment Property Investor of the Year Award winner for 2009.
“The suburb has had no capital growth in the past 12 months (as per April 2011 YIP magazine) and I would expect this suburb to have a correction and jump shortly as the surrounding areas have seen an average of 11% capital growth over the same period,” says Muirhead.
The suburb is popular among families and students because of its proximity to Flinders and Adelaide University. It’s also got good public transport options and has a wide range of retail amenities.