With a capital gain of 9.25% for the last 12 months, Marion, 5043 has performed for property investments than its average annual 4.83% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Marion has given property investors a paper return of 3.58%. This puts Suburb as 103 on a list of fastest fasting appreciating suburbs in SA
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.34% offered to property buyers. Sellers in Marion itself are offering an average vendor discount of -4.70% to real estate investors.
Marion, 5043’s gross rental yield is 3.90%
Property value increases in Marion have tracked just lower than the SA average of 3.97% over the last 12 months.
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 -5.33% to buyers in Marion at the moment, which is less than average for the rest of SA.
The SA suburb of Marion, 5043 is in the Marion local government area.