Giving property investors a an unimpressive capital gain of 0.56% for the last year, Davoren Park, 5113 is the 2736th highest performer in Australia in this respect.
While Davoren Park,5113 ranked number 303th in SA for increase in median house value (annualised) increase, it is ranked 388th over the last 5 years.
Sellers are offering property buyers an average discount of -8.20% to buyers in Davoren Park at the moment, which is less than average for the rest of SA.
A $255 per week rent on the median house gives suburb investors a gross yield of circa 7.33%, without taking into account capital value appreciation, which has been averaging out at 2.94%.
Property value increases in Davoren Park have tracked just lower than the SA average of 4.44% over the last 12 months.
Davoren Park,5113 was ranked 874 in Australia by increase in median property value over the quarter.
At number 123th of SA’s most discounted properties, Davoren Park is in the TOP 30% of the state/territory when listing in order of most discounted to least.