Payneham, 5070 ranked 233th in SA when comparing growth in median property values or capital gain over the last 12 months. Payneham is one of 853 in our list for SA
The five-year average increase in median property values for Payneham,5070 has given property investors a potential capital gain of 24.15% across each of those five years.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.37%, without taking into account capital value appreciation, which has been averaging out at 6.47%.
Over the last year, property investments in Payneham, 5070 have given investors a capital gain of -8.80%. This compares very badly with the 4.44% for SA as a whole.
Over the longer term, Payneham has seen property prices show investors a 8.07% 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 -6.88% is being offered, which puts this SA suburb at 285th most discounted overall in Australia.
At number 941 in a list of fastest selling suburbs, Payneham is in the bottom 40% of suburbs in Australia with an average of days on market 88.89 for properties listed there.
A $285 per week rent on the median house gives suburb investors a gross yield of circa 4.77%, without taking into account capital value appreciation, which has been averaging out at 3.68%.