SA has seen average median house prices change by 3.35% which means that Davoren Park, 5113 has done well for property investors by showing a capital gain of 1.56% over the last year
If we look at median property appreciation over just the last three months, Davoren Park has given property investors a paper return of 0.11%. This puts Suburb as 250 on a list of fastest fasting appreciating suburbs in SA
Sellers are offering property buyers an average discount of -6.69% to buyers in Davoren Park at the moment, which is less than average for the rest of SA.
Davoren Park, 5113’s gross rental yield is 7.27%
At number 1203th in the list of Australian suburbs ordered by increase in median house value over the last year, Davoren Park, 5113 is in the BOTTOM 40% with a property value increase of -0.73% recorded in median house prices.
Over the longer term, Davoren Park has seen property prices show investors a 2.64% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Davoren Park are currently offering property investors an average price cut of -4.02% below the asking price at the moment.