Maylands has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 8.62% to date .
Maylands,5069 was ranked 47 in Australia by increase in median property value over the quarter.
In the last year 27 properties changed hands in Maylands, which puts it as the 322th most active market in SA when comparing the number of sales per suburb.
Maylands, 5069’s gross rental yield is 2.82%
SA has seen average median house prices change by 3.21% which means that Maylands, 5069 has done well for property investors by showing a capital gain of 31.44% over the last year
Maylands,5069 has offered an average of 31.44% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.23% offered to property buyers. Sellers in Maylands itself are offering an average vendor discount of -3.05% to real estate investors.
Residents and property investors in Maylands have been waiting around 45 days to sell a property.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 3.45%, without taking into account capital value appreciation, which has been averaging out at 12.51%.