With a capital gain of 2.07% for the last 12 months, Parafield Gardens, 5107 has performed for property investments than its average annual 3.82% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Parafield Gardens has given property investors a paper return of 2.92%. This puts Suburb as 119 on a list of fastest fasting appreciating suburbs in SA
Property investors looking for a bargain in Parafield Gardens should be aiming for at least -5.75% off the asking price, which is the average vendor discount being achieved at the moment.
Parafield Gardens is 72th on a list of best yielding suburbs for rents in SA with a 5.31% 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 -8.70%.
Vendor discounting in Parafield Gardens is giving property investors an average Vendor Discount of around -4.63%. This puts suburb at number 132th in SA when ranking the most discounted suburbs.
Advertised rents are around the $275 mark per week – giving a return of 6.06% based on the median price in Suburb