SA has seen average median house prices change by 3.04% which means that Marion, 5043 has done well for property investors by showing a capital gain of 4.60% over the last year
Marion,5043 was ranked 1149 in Australia by increase in median property value over the quarter.
The most recent median price for Marion is $485500, with sellers offering an average of -6.08% off the asking price.
Using the current median advertised rental of $377.5 and the average annual increase in value of a median property of 4.48%, investors should hope to achieve an overall return of 4.04%
SA has seen average median house prices change by 3.81% which means that Marion, 5043 has done well for property investors by showing a capital gain of 8.87% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Marion comes in at number 14th in SA.
Marion, 5043 is offering SA ‘s 148th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this SA.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.