Property investors who have had real estate in Westbourne Park, 5041 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.26%
While Westbourne Park,5041 ranked number 387th in SA for increase in median house value (annualised) increase, it is ranked 37th over the last 5 years.
Property buyers and investors in Westbourne Park 5041 should be seeing an average reduction in asking price of around -8.46% . This means that Westbourne Park is holding prices well when compared to other suburbs in SA.
At number 2126 in a list of fastest selling suburbs, Westbourne Park is just in the bottom half of suburbs in Australia with an average of days on market 87.45 for properties listed there.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Westbourne Park, 5041 ranked 73th in SA when comparing growth in median property values or capital gain over the last 12 months. Westbourne Park is one of 853 in our list for SA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Westbourne Park has fallen somewhat when compared to the 5 year average annual rate.
At number 29th of SA’s most discounted properties, Westbourne Park is in the bottom 20% of the state/territory when listing in order of most discounted to least.
In the last year 11 properties changed hands in Westbourne Park, which puts it as the 192th most active market in SA when comparing the number of sales per suburb.