Property value increases in Parafield Gardens have tracked just lower than the SA average of 2.82% over the last 12 months.
Parafield Gardens,5107 was ranked 2429 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Parafield Gardens should be aiming for at least -5.77% off the asking price, which is the average vendor discount being achieved at the moment.
Parafield Gardens is 68th on a list of best yielding suburbs for rents in SA with a 5.45% return
Giving property investors a a poor capital gain of -8.15% for the last year, Parafield Gardens, 5107 is the 1516th highest performer in Australia in this respect.
Comparing Parafield Gardens,5107 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Our latest figures would indicate that property sellers in Parafield Gardens are currently offering property investors an average price cut of -4.03% below the asking price at the moment.
In the last year 14 properties changed hands in Parafield Gardens, which puts it as the 163th most active market in SA when comparing the number of sales per suburb.
With the median price for a house in Parafield Gardens being $248000 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 5.56%