Property investors who have had real estate in Hyde Park, 5061 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 9.66%
Over the longer term, Hyde Park has seen property prices show investors a 26.11% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Hyde Park is $1135000, with sellers offering an average of -11.42% off the asking price.
At number 2801 in a list of fastest selling suburbs, Hyde Park is in the bottom 30% of suburbs in Australia with an average of days on market 106 for properties listed there.
A $645 per week rent on the median house gives suburb investors a gross yield of circa 2.96%, without taking into account capital value appreciation, which has been averaging out at 4.47%.
Giving property investors a a solid capital gain of 41.07% for the last year, Hyde Park, 5061 is the 8th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Hyde Park,5061 has racked up an average of 41.07% over the period. This ranks it number 1610th in the whole country for real estate investors looking at median house price increases.
A $365 per week rent on the median house gives suburb investors a gross yield of circa 3.12%, without taking into account capital value appreciation, which has been averaging out at 8.44%.