SA has seen average median house prices change by 3.22% which means that Marden, 5070 has done well for property investors by showing a capital gain of 1.96% over the last year
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.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Marden, 5070. Typically our figures indicate that -4.28% is being offered, which puts this SA suburb at 2886th most discounted overall in Australia.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Marden has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -7.08% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Marden has fallen somewhat when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.37% offered to property buyers. Sellers in Marden itself are offering an average vendor discount of -7.01% to real estate investors.
Advertised rents are around the $300 mark per week – giving a return of 4.95% based on the median price in Suburb