Marion has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -1.91% to date .
Comparing Marion,5043 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -8.72% to buyers in Marion at the moment, which is less than average for the rest of SA.
Residents and property investors in Marion have been waiting around 61.08 days to sell a property.
Marion is 240th on a list of best yielding suburbs for rents in SA with a 4.08% return
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 increase in value by 0.69%
A 9.85% growth in median value for property investors in Marion,5043 puts this suburb at number 166th in terms of best performing suburbs in SA
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.11% offered to property buyers. Sellers in Marion itself are offering an average vendor discount of -5.32% to real estate investors.
With the median price for a house in Marion being $362500 and the advertised rent reaching $297.5 the gross rental yield for property investors calculates out to be 4.27%