Property value increases in Reynella have tracked close to the SA average of 2.92% over the last 12 months.
Reynella,5161 has offered an average of 5.05% return per annum in house price rises to property investors over the last three years.
Reynella, 5161 is offering SA ‘s 238th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this SA.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 5.24%, without taking into account capital value appreciation, which has been averaging out at 4.73%.
Reynella, 5161 ranked 44th in SA when comparing growth in median property values or capital gain over the last 12 months. Reynella is one of 853 in our list for SA
While Reynella,5161 ranked number 13th in SA for increase in median house value (annualised) increase, it is ranked 116th over the last 5 years.
Our latest figures would indicate that property sellers in Reynella are currently offering property investors an average price cut of -7.81% below the asking price at the moment.
Residents and property investors in Reynella have been waiting around 60.75 days to sell a property.