Marion has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 4.06% to date .
The five-year average increase in median property values for Marion,5043 has given property investors a potential capital gain of 12.27% across each of those five years.
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 -6.07% is being offered, which puts this SA suburb at 1820th most discounted overall in Australia.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
Marion is an average performer in SA when comparing median price capital growth over the last year. Marion gave property investors a average capital gain figure when compared to the rest of the state, with 5.65%.
When looking at the potential capital gains offered to property investors over the last 3 years, Marion comes in at number 15th in SA.
Our latest figures would indicate that property sellers in Marion are currently offering property investors an average price cut of -3.42% below the asking price at the moment.
At number 227 in a list of fastest selling suburbs, Marion is in the TOP 20% of suburbs in Australia with an average of days on market 49.85 for properties listed there.