Property investors who have had real estate in Park Holme, 5043 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.79%
While Park Holme,5043 ranked number 39th in SA for increase in median house value (annualised) increase, it is ranked 93th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Park Holme is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 361th in terms of most discounted suburbs in SA
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.
SA has seen average median house prices change by 3.03% which means that Park Holme, 5043 has done well for property investors by showing a capital gain of 2.34% over the last year
Comparing Park Holme,5043 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Park Holme are currently offering property investors an average price cut of -7.10% below the asking price at the moment.
Park Holme, 5043’s gross rental yield is 4.39%