Investment property in Hazelwood Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.88%
Over the longer term, Hazelwood Park has seen property prices show investors a 16.95% return over the last 3 years. This is worse than over the last 12 months
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.57% offered to property buyers. Sellers in Hazelwood Park itself are offering an average vendor discount of -5.86% to real estate investors.
At number 1602 in a list of fastest selling suburbs, Hazelwood Park is just in the top half of suburbs in Australia with an average of days on market 74.38 for properties listed there.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.
Hazelwood Park,5066 was ranked 396 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -12.33% to buyers in Hazelwood Park at the moment, which is less than average for the rest of SA.
Hazelwood Park, 5066’s gross rental yield is 4.68%