Property value increases in Park Holme have tracked lower than the SA average of 3.35% over the last 12 months.
Park Holme,5043 was ranked 3132 in Australia by increase in median property value over the quarter.
At number 371th of SA’s most discounted properties, Park Holme is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Park Holme the average time real estate has been on the market is 30.5 days.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 4.63%, investors should hope to achieve an overall return of 4.54%
Investment property in Park Holme has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.25%
While Park Holme,5043 ranked number 66th in SA for increase in median house value (annualised) increase, it is ranked 95th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Park Holme is offering property investors an average of -6.06. This rate of discount on properties puts Suburb at number 75th in terms of most discounted suburbs in SA
In the last year 28 properties changed hands in Park Holme, which puts it as the 74th most active market in SA when comparing the number of sales per suburb.
Park Holme, 5043’s gross rental yield is 4.29%