SA has seen average median house prices change by 3.04% which means that Marden, 5070 has done well for property investors by showing a capital gain of 13.04% over the last year
If we look at median property appreciation over just the last three months, Marden has given property investors a paper return of 1.96%. This puts Suburb as 133 on a list of fastest fasting appreciating suburbs in SA
LACK OF BUYER INTEREST may well be the reason that Marden is offering property investors an average of -6.54. This rate of discount on properties puts Suburb at number 201th in terms of most discounted suburbs in SA
Often selling an investment property can take time, and in Marden the average time real estate has been on the market is 65.7 days.
Marden is 345th on a list of best yielding suburbs for rents in SA with a 3.28% return
Giving property investors a an unimpressive capital gain of -1.74% for the last year, Marden, 5070 is the 1234th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Marden has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Marden is offering property investors an average of -6.11. This rate of discount on properties puts Suburb at number 50th in terms of most discounted suburbs in SA
In the last year 55 properties changed hands in Marden, which puts it as the 26th most active market in SA when comparing the number of sales per suburb.
Marden, 5070’s gross rental yield is 4.45%