Warradale is in the bottom 30% in SA when comparing median price capital growth over the last year. Warradale gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.90%.
Warradale,5046 has offered an average of -0.90% return per annum in house price rises to property investors over the last three years.
At number 267th 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 7.92 sales per month, which equates to 95 per year.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 5.13%, investors should hope to achieve an overall return of 3.50%
Property investors who have had real estate in Warradale, 5046 should be relatively 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 8.00%
Taking the average capital gain, or increase in median house value, Warradale,5046 has racked up an average of 8.00% over the period. This ranks it number 1422th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Warradale is $432000, with sellers offering an average of -4.04% off the asking price.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.21%, without taking into account capital value appreciation, which has been averaging out at 5.20%.