Property value increases in Redwood Park have tracked close to the SA average of 3.04% over the last 12 months.
Redwood Park,5097 was ranked 1924 in Australia by increase in median property value over the quarter.
Property buyers and investors in Redwood Park 5097 should be seeing an average reduction in asking price of around -4.12% . This means that Redwood Park is holding prices well when compared to other suburbs in SA.
Often selling an investment property can take time, and in Redwood Park the average time real estate has been on the market is 49.76 days.
A $342.5 per week rent on the median house gives suburb investors a gross yield of circa 4.75%, without taking into account capital value appreciation, which has been averaging out at 4.38%.