SA has seen average median house prices change by 3.35% which means that Warradale, 5046 has done well for property investors by showing a capital gain of 4.68% over the last year
Warradale,5046 was ranked 2098 in Australia by increase in median property value over the quarter.
At number 266th of SA’s most discounted properties, Warradale is in the TOP 40% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 8.33 sales per month, which equates to 100 per year.
Warradale has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -1.12% to date .
Across a shorter period, Warradale, 5046 has seen a median price increase of -0.25% over the last quarter.
Our latest figures would indicate that property sellers in Warradale are currently offering property investors an average price cut of -3.71% below the asking price at the moment.
Often selling an investment property can take time, and in Warradale the average time real estate has been on the market is 65.58 days.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.18%, without taking into account capital value appreciation, which has been averaging out at 5.40%.