Property investors who have had real estate in Marion, 5043 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 -0.84%
If we look at median property appreciation over just the last three months, Marion has given property investors a paper return of -0.84%. This puts Suburb as 305 on a list of fastest fasting appreciating suburbs in SA
Marion, 5043 is offering SA ‘s 66th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this SA.
Investment property in Marion 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 20.12%
Marion,5043 was ranked 20 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.53% to buyers in Marion at the moment, which is less than average for the rest of SA.
Often selling an investment property can take time, and in Marion the average time real estate has been on the market is 77.3 days.
With the median price for a house in Marion being $409000 and the advertised rent reaching $292.5 the gross rental yield for property investors calculates out to be 3.72%