With a capital gain of 13.04% for the last 12 months, Marden, 5070 has performed for property investments than its average annual 6.53% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Marden comes in at number 140th in SA.
Our latest figures would indicate that property sellers in Marden are currently offering property investors an average price cut of -3.66% below the asking price at the moment.
At number 518 in a list of fastest selling suburbs, Marden is in the TOP 20% of suburbs in Australia with an average of days on market 50.15 for properties listed there.
Marden is an average performer in SA when comparing median price capital growth over the last year. Marden gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.15%.
The five-year average increase in median property values for Marden,5070 has given property investors a potential capital gain of 9.35% across each of those five years.
The most recent median price for Marden is $339000, with sellers offering an average of -6.52% off the asking price.
Situated 2.78km from the CBD, Marden is one of Norwood Payneham St Peters localities in the postcode 5070.