If you compare the increase in value of investment property in Payneham, 5070 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -0.21%.
Over the longer term, Payneham has seen property prices show investors a 18.96% return over the last 3 years. This is worse than over the last 12 months
Advertised rents are around the $390 mark per week – giving a return of 3.38% based on the median price in Suburb
With a capital gain of -10.40% for the last 12 months, Payneham, 5070 has performed for property investments than its average annual 4.01% property growth over the last 5 years.
Over the longer term, Payneham has seen property prices show investors a 0.81% return over the last 3 years. This is worse than over the last 12 months
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 Payneham, 5070. Typically our figures indicate that -5.49% is being offered, which puts this SA suburb at 639th most discounted overall in Australia.
A $285 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 4.01%.