Property value increases in Westbourne Park have tracked higher than the SA average of 3.35% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Westbourne Park comes in at number 46th in SA.
Westbourne Park, 5041 is offering SA ‘s 138th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this SA.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 5.45%, investors should hope to achieve an overall return of 2.39%
Investment property in Westbourne Park has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.50%
The five-year average increase in median property values for Westbourne Park,5041 has given property investors a potential capital gain of -11.76% across each of those five years.
Property investors looking for a bargain in Westbourne Park should be aiming for at least -8.61% off the asking price, which is the average vendor discount being achieved at the moment.