Property investors who have had real estate in Maylands, 5069 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 23.85%
A $425 per week rent on the median house gives suburb investors a gross yield of circa 2.75%, without taking into account capital value appreciation, which has been averaging out at 7.98%.
Maylands is an average performer in SA when comparing median price capital growth over the last year. Maylands gave property investors a average capital gain figure when compared to the rest of the state, with 3.74%.
While Maylands,5069 ranked number 27th in SA for increase in median house value (annualised) increase, it is ranked 98th over the last 5 years.
Our latest figures would indicate that property sellers in Maylands are currently offering property investors an average price cut of -5.37% below the asking price at the moment.
Residents and property investors in Maylands have been waiting around 45.6 days to sell a property.
Using the current median advertised rental of $310 and the average annual increase in value of a median property of 7.07%, investors should hope to achieve an overall return of 4.84%