If you compare the increase in value of investment property in Westbourne Park, 5041 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -2.94%.
Over the longer term, Westbourne Park has seen property prices show investors a 17.41% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Westbourne Park, 5041. Typically our figures indicate that -7.32% is being offered, which puts this SA suburb at 1006th most discounted overall in Australia.
With the median price for a house in Westbourne Park being $816000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 2.87%