If you compare the increase in value of investment property in Hazelwood Park, 5066 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -9.74%.
Over the longer term, Hazelwood Park has seen property prices show investors a 19.32% return over the last 3 years. This is worse than over the last 12 months
Hazelwood Park5066 is located in SA which offers an average discount of -6.34% to property investors. Hazelwood Park itself is showing figures that indicate -6.27% is the average achievable by property buyers investing in the suburb.
At number 2054 in a list of fastest selling suburbs, Hazelwood Park is just in the bottom half of suburbs in Australia with an average of days on market 81.9 for properties listed there.
With the median price for a house in Hazelwood Park being $871000 and the advertised rent reaching $447.5 the gross rental yield for property investors calculates out to be 2.67%
Giving property investors a a poor capital gain of -11.84% for the last year, Hazelwood Park, 5066 is the 1600th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Hazelwood Park,5066 has racked up an average of -11.84% over the period. This ranks it number 1348th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Hazelwood Park is $335000, with sellers offering an average of -8.47% off the asking price.
With the median price for a house in Hazelwood Park being $335000 and the advertised rent reaching $295 the gross rental yield for property investors calculates out to be 4.58%