Investment property in Paralowie has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.75%
Comparing Paralowie,5108 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
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 Paralowie, 5108. Typically our figures indicate that -5.91% is being offered, which puts this SA suburb at 1873th most discounted overall in Australia.
At number 1615 in a list of fastest selling suburbs, Paralowie is just in the top half of suburbs in Australia with an average of days on market 72.33 for properties listed there.
Paralowie is 49th on a list of best yielding suburbs for rents in SA with a 5.76% return
Property value increases in Paralowie have tracked just higher than the SA average of 4.28% over the last 12 months.
Paralowie,5108 was ranked 388 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Paralowie is offering property investors an average of -6.06. This rate of discount on properties puts Suburb at number 56th in terms of most discounted suburbs in SA
In the last year 24 properties changed hands in Paralowie, which puts it as the 90th most active market in SA when comparing the number of sales per suburb.
Property investors should expect to get $255 weekly from the median priced house in this suburb.