With a capital gain of 7.27% for the last 12 months, Hyde Park, 5061 has performed for property investments than its average annual 4.60% property growth over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hyde Park, 5061. Typically our figures indicate that -11.42% is being offered, which puts this SA suburb at 203th most discounted overall in Australia.
At number 3073 in a list of fastest selling suburbs, Hyde Park is in the bottom 20% of suburbs in Australia with an average of days on market 115.1 for properties listed there.
Renters in Suburb are facing rents around $7800 per annum or $650 every week.
A $365 per week rent on the median house gives suburb investors a gross yield of circa 2.83%, without taking into account capital value appreciation, which has been averaging out at 7.09%.