At number 2947th in the list of Australian suburbs ordered by increase in median house value over the last year, Reynella, 5161 is in the BOTTOM 30% with a property value increase of -0.16% recorded in median house prices.
Across a shorter period, Reynella, 5161 has seen a median price increase of -0.28% over the last quarter.
Property buyers and investors in Reynella 5161 should be seeing an average reduction in asking price of around -5.84% . This means that Reynella is holding prices well when compared to other suburbs in SA.
Residents and property investors in Reynella have been waiting around 66.55 days to sell a property.
Situated 20.23km from the CBD, Reynella is one of Onkaparinga localities in the postcode 5161.
Giving property investors a a poor capital gain of -11.39% for the last year, Reynella, 5161 is the 1568th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Reynella,5161 has racked up an average of -11.39% over the period. This ranks it number 1475th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Reynella are currently offering property investors an average price cut of -8.36% below the asking price at the moment.
At number 692 in a list of fastest selling suburbs, Reynella is just in the top half of suburbs in Australia with an average of days on market 70.3 for properties listed there.
Renters in Suburb are facing rents around $3060 per annum or $255 every week.