Linden Park has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -9.69% to date .
Taking the average capital gain, or increase in median house value, Linden Park,5065 has racked up an average of -9.69% over the period. This ranks it number 2571th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.72% to buyers in Linden Park at the moment, which is less than average for the rest of SA.
Situated 4.81km from the CBD, Linden Park is one of Burnside localities in the postcode 5065.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Linden Park has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.26% to buyers in Linden Park at the moment, which is less than average for the rest of SA.
Residents and property investors in Linden Park have been waiting around 64.42 days to sell a property.
Using the current median advertised rental of $355 and the average annual increase in value of a median property of 16.59%, investors should hope to achieve an overall return of 3.10%