Athelstone is an average performer in SA when comparing median price capital growth over the last year. Athelstone gave property investors a good capital gain figure when compared to the rest of the state, with 5.21%.
When looking at the potential capital gains offered to property investors over the last 3 years, Athelstone comes in at number 111th in SA.
The most recent median price for Athelstone is $505000, with sellers offering an average of -6.09% off the asking price.
On average over the past year, suburb has had 11.17 sales per month, which equates to 134 per year.
With the median price for a house in Athelstone being $505000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 3.81%
Athelstone has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -2.86% to date .
Using the current median advertised rental of $295 and the average annual increase in value of a median property of 5.64%, investors should hope to achieve an overall return of 4.51%