At number 3043th 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 -1.13% recorded in median house prices.
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.
The most recent median price for Reynella is $311440, with sellers offering an average of -5.58% off the asking price.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 4.23%, investors should hope to achieve an overall return of 5.34%
Giving property investors a a poor capital gain of -5.54% for the last year, Reynella, 5161 is the 1438th highest performer in Australia in this respect.
The five-year average increase in median property values for Reynella,5161 has given property investors a potential capital gain of -13.94% across each of those five years.
Vendor discounting in Reynella is giving property investors an average Vendor Discount of around -9.27%. This puts suburb at number 12th in SA when ranking the most discounted suburbs.
Residents and property investors in Reynella have been waiting around 76 days to sell a property.
Advertised rents are around the $255 mark per week – giving a return of 6.77% based on the median price in Suburb