Marion has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 2.56% to date .
Across a shorter period, Marion, 5043 has seen a median price increase of 3.90% over the last quarter.
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 Marion, 5043. Typically our figures indicate that -6.41% is being offered, which puts this SA suburb at 1620th most discounted overall in Australia.
The SA suburb of Marion, 5043 is in the Marion local government area.
Marion, 5043 ranked 80th in SA when comparing growth in median property values or capital gain over the last 12 months. Marion 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 Marion has increased when compared to the 5 year average annual rate.
Vendor discounting in Marion is giving property investors an average Vendor Discount of around -3.42%. This puts suburb at number 159th in SA when ranking the most discounted suburbs.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.