Giving property investors a a stable capital gain of 11.84% for the last year, Parkside, 5063 is the 1338th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Parkside comes in at number 41th in SA.
Sellers are offering property buyers an average discount of -3.21% to buyers in Parkside at the moment, which is less than average for the rest of SA.
A $525 per week rent on the median house gives suburb investors a gross yield of circa 3.21%, without taking into account capital value appreciation, which has been averaging out at 5.85%.
If you compare the increase in value of investment property in Parkside, 5063 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -5.19%.
Over the longer term, Parkside has seen property prices show investors a 17.07% return over the last 3 years. This is worse than over the last 12 months
Parkside, 5063 is offering SA ‘s 68th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this SA.
Residents and property investors in Parkside have been waiting around 78.48 days to sell a property.
A $387.5 per week rent on the median house gives suburb investors a gross yield of circa 3.74%, without taking into account capital value appreciation, which has been averaging out at 4.69%.