Marden has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -4.11% to date .
If we look at median property appreciation over just the last three months, Marden has given property investors a paper return of 0.38%. This puts Suburb as 242 on a list of fastest fasting appreciating suburbs in SA
The most recent median price for Marden is $652500, with sellers offering an average of -3.60% off the asking price.
Property investors should expect to get $480 weekly from the median priced house in this suburb.
With a capital gain of -7.08% for the last 12 months, Marden, 5070 has performed for property investments than its average annual 4.57% property growth over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.27% offered to property buyers. Sellers in Marden itself are offering an average vendor discount of -6.77% to real estate investors.
Residents and property investors in Marden have been waiting around 102.95 days to sell a property.