With a capital gain of 5.47% for the last 12 months, Reynella, 5161 has performed for property investments than its average annual 4.57% property growth over the last 5 years.
Reynella,5161 was ranked 1270 in Australia by increase in median property value over the quarter.
Reynella5161 is located in SA which offers an average discount of -6.50% to property investors. Reynella itself is showing figures that indicate -5.84% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $325 and the average annual increase in value of a median property of 4.57%, investors should hope to achieve an overall return of 5.12%
Property value increases in Reynella have tracked just higher than the SA average of 4.05% over the last 12 months.
Reynella,5161 was ranked 824 in Australia by increase in median property value over the quarter.
Property buyers and investors in Reynella 5161 should be seeing an average reduction in asking price of around -7.86% . This means that Reynella is holding prices well when compared to other suburbs in SA.