With a capital gain of 4.20% for the last 12 months, Parafield Gardens, 5107 has performed for property investments than its average annual 3.85% property growth over the last 5 years.
A 8.77% growth in median value for property investors in Parafield Gardens,5107 puts this suburb at number 116th in terms of best performing suburbs in SA
Property buyers and investors in Parafield Gardens 5107 should be seeing an average reduction in asking price of around -5.69% . This means that Parafield Gardens is holding prices well when compared to other suburbs in SA.
Parafield Gardens is 73th on a list of best yielding suburbs for rents in SA with a 5.28% return
Parafield Gardens is in the bottom 20% in SA when comparing median price capital growth over the last year. Parafield Gardens gave property investors a dismal capital gain figure when compared to the rest of the state, with -11.52%.
If we look at median property appreciation over just the last three months, Parafield Gardens has given property investors a paper return of -5.54%. This puts Suburb as 153 on a list of fastest fasting appreciating suburbs in SA
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 Parafield Gardens, 5107. Typically our figures indicate that -5.22% is being offered, which puts this SA suburb at 712th most discounted overall in Australia.
Often selling an investment property can take time, and in Parafield Gardens the average time real estate has been on the market is 87.42 days.