Over the last year, property investments in Paralowie, 5108 have given investors a capital gain of 5.59%. This compares favourably with the 2.92% for SA as a whole.
A 4.64% growth in median value for property investors in Paralowie,5108 puts this suburb at number 199th in terms of best performing suburbs in SA
Vendor discounting in Paralowie is giving property investors an average Vendor Discount of around -6.71%. This puts suburb at number 148th in SA when ranking the most discounted suburbs.
At number 346th in the list of Australian suburbs ordered by increase in median house value over the last year, Paralowie, 5108 is in the top 20% with a property value increase of 11.29% recorded in median house prices.
Over the longer term, Paralowie has seen property prices show investors a 20.08% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.26% offered to property buyers. Sellers in Paralowie itself are offering an average vendor discount of -4.92% to real estate investors.
In the last year 20 properties changed hands in Paralowie, which puts it as the 98th most active market in SA when comparing the number of sales per suburb.
With the median price for a house in Paralowie being $228150 and the advertised rent reaching $251 the gross rental yield for property investors calculates out to be 5.72%