SA has seen average median house prices change by 2.66% which means that Reynella, 5161 has done well for property investors by showing a capital gain of 0.93% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Reynella has increased when compared to the 5 year average annual rate.
At number 272th of SA’s most discounted properties, Reynella is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Reynella, 5161’s gross rental yield is 5.32%
Property investors who have had real estate in Reynella, 5161 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.20%
Taking the average capital gain, or increase in median house value, Reynella,5161 has racked up an average of -9.20% over the period. This ranks it number 1487th in the whole country for real estate investors looking at median house price increases.
At number 42th of SA’s most discounted properties, Reynella is in the bottom 30% of the state/territory when listing in order of most discounted to least.
A $255 per week rent on the median house gives suburb investors a gross yield of circa 6.80%, without taking into account capital value appreciation, which has been averaging out at 1.79%.