Investment property in Davoren Park 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 1.48%
While Davoren Park,5113 ranked number 119th in SA for increase in median house value (annualised) increase, it is ranked 377th over the last 5 years.
Vendor discounting in Davoren Park is giving property investors an average Vendor Discount of around -8.03%. This puts suburb at number 62th in SA when ranking the most discounted suburbs.
Residents and property investors in Davoren Park have been waiting around 86.15 days to sell a property.
Situated 26.99km from the CBD, Davoren Park is one of Playford localities in the postcode 5113.
At number 839th in the list of Australian suburbs ordered by increase in median house value over the last year, Davoren Park, 5113 is in the top half with a property value increase of 4.44% recorded in median house prices.
Across a shorter period, Davoren Park, 5113 has seen a median price increase of 3.68% over the last quarter.
Property investors looking for a bargain in Davoren Park should be aiming for at least -10.22% off the asking price, which is the average vendor discount being achieved at the moment.
Davoren Park, 5113’s gross rental yield is 7.74%