With a capital gain of 12.85% for the last 12 months, Marino, 5049 has performed for property investments than its average annual 5.45% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Marino has given property investors a paper return of -7.67%. This puts Suburb as 410 on a list of fastest fasting appreciating suburbs in SA
Property investors looking for a bargain in Marino should be aiming for at least -8.41% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Marino the average time real estate has been on the market is 104.87 days.
Situated 15.39km from the CBD, Marino is one of Marion localities in the postcode 5049.