Parkside is an average performer in SA when comparing median price capital growth over the last year. Parkside gave property investors a average capital gain figure when compared to the rest of the state, with 2.77%.
The five-year average increase in median property values for Parkside,5063 has given property investors a potential capital gain of 18.07% across each of those five years.
Parkside5063 is located in SA which offers an average discount of -6.54% to property investors. Parkside itself is showing figures that indicate -3.47% is the average achievable by property buyers investing in the suburb.
If you compare the increase in value of investment property in Parkside, 5063 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 34.65%.
Parkside,5063 was ranked 227 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Parkside are currently offering property investors an average price cut of -4.78% below the asking price at the moment.
Parkside is 187th on a list of best yielding suburbs for rents in SA with a 3.32% return