Davoren Park, 5113 ranked 344th in SA when comparing growth in median property values or capital gain over the last 12 months. Davoren Park is one of 853 in our list for SA
Davoren Park,5113 was ranked 2670 in Australia by increase in median property value over the quarter.
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 Davoren Park, 5113. Typically our figures indicate that -8.15% is being offered, which puts this SA suburb at 672th most discounted overall in Australia.
With the median price for a house in Davoren Park being $180000 and the advertised rent reaching $255 the gross rental yield for property investors calculates out to be 7.37%
If you compare the increase in value of investment property in Davoren Park, 5113 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 2.94%.
The five-year average increase in median property values for Davoren Park,5113 has given property investors a potential capital gain of 0.00% across each of those five years.
Property investors looking for a bargain in Davoren Park should be aiming for at least -9.73% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.08 sales per month, which equates to 37 per year.
Davoren Park, 5113’s gross rental yield is 7.80%