Somerton Park has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 4.55% to date .
The five-year average increase in median property values for Somerton Park,5044 has given property investors a potential capital gain of 19.60% across each of those five years.
Our latest figures would indicate that property sellers in Somerton Park are currently offering property investors an average price cut of -6.89% below the asking price at the moment.
Residents and property investors in Somerton Park have been waiting around 99.09 days to sell a property.
Property investors should expect to get $432.5 weekly from the median priced house in this suburb.
Property value increases in Somerton Park have tracked close to the SA average of 3.64% over the last 12 months.
While Somerton Park,5044 ranked number 65th in SA for increase in median house value (annualised) increase, it is ranked 50th over the last 5 years.
Sellers are offering property buyers an average discount of -9.01% to buyers in Somerton Park at the moment, which is less than average for the rest of SA.
Situated 7.68km from the CBD, Somerton Park is one of Holdfast Bay localities in the postcode 5044.