If you compare the increase in value of investment property in Warradale, 5046 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -1.18%.
Taking the average capital gain, or increase in median house value, Warradale,5046 has racked up an average of -1.18% over the period. This ranks it number 1770th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.28% to buyers in Warradale at the moment, which is less than average for the rest of SA.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 5.14%, investors should hope to achieve an overall return of 3.62%
If you compare the increase in value of investment property in Warradale, 5046 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 7.50%.
The five-year average increase in median property values for Warradale,5046 has given property investors a potential capital gain of 13.46% across each of those five years.
The most recent median price for Warradale is $430000, with sellers offering an average of -4.08% off the asking price.
With the median price for a house in Warradale being $430000 and the advertised rent reaching $345 the gross rental yield for property investors calculates out to be 4.17%