Property value increases in Hazelwood Park have tracked higher than the SA average of 2.92% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hazelwood Park has increased when compared to the 5 year average annual rate.
Hazelwood Park5066 is located in SA which offers an average discount of -6.56% to property investors. Hazelwood Park itself is showing figures that indicate -6.37% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 6.47%, investors should hope to achieve an overall return of 2.44%
At number 1663th in the list of Australian suburbs ordered by increase in median house value over the last year, Hazelwood Park, 5066 is in the BOTTOM 10% with a property value increase of -16.45% recorded in median house prices.
Across a shorter period, Hazelwood Park, 5066 has seen a median price increase of 5.69% over the last quarter.
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 Hazelwood Park, 5066. Typically our figures indicate that -12.33% is being offered, which puts this SA suburb at 20th most discounted overall in Australia.
Often selling an investment property can take time, and in Hazelwood Park the average time real estate has been on the market is 77.33 days.
The SA suburb of Hazelwood Park, 5066 is in the Burnside local government area.