Payneham has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 5.26% to date .
Taking the average capital gain, or increase in median house value, Payneham,5070 has racked up an average of 5.26% over the period. This ranks it number 1895th in the whole country for real estate investors looking at median house price increases.
At number 6th of SA’s most discounted properties, Payneham is in the bottom 10% of the state/territory when listing in order of most discounted to least.
SA has seen average median house prices change by 4.27% which means that Payneham, 5070 has done well for property investors by showing a capital gain of -5.00% over the last year
Payneham,5070 has offered an average of -5.00% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.11% offered to property buyers. Sellers in Payneham itself are offering an average vendor discount of -7.21% to real estate investors.
In the last year 43 properties changed hands in Payneham, which puts it as the 43th most active market in SA when comparing the number of sales per suburb.
Payneham is 86th on a list of best yielding suburbs for rents in SA with a 4.73% return