Hazelwood Park has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -10.18% to date .
Across a shorter period, Hazelwood Park, 5066 has seen a median price increase of 0.49% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Hazelwood Park is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 280th in terms of most discounted suburbs in SA
Residents and property investors in Hazelwood Park have been waiting around 68.85 days to sell a property.
Property investors should expect to get $460 weekly from the median priced house in this suburb.
Investment property in Hazelwood Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.41%
The five-year average increase in median property values for Hazelwood Park,5066 has given property investors a potential capital gain of 9.61% across each of those five years.
At number 23th of SA’s most discounted properties, Hazelwood Park is in the bottom 20% of the state/territory when listing in order of most discounted to least.
A $302.5 per week rent on the median house gives suburb investors a gross yield of circa 4.09%, without taking into account capital value appreciation, which has been averaging out at 7.80%.