If you compare the increase in value of investment property in Risdon Park, 5540 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -14.84%.
Risdon Park,5540 was ranked 2807 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Risdon Park are currently offering property investors an average price cut of -9.62% below the asking price at the moment.
Risdon Park, 5540’s gross rental yield is 6.41%
Over the last year, property investments in Risdon Park, 5540 have given investors a capital gain of 37.06%. This compares very favourably with the 4.27% for SA as a whole.
Taking the average capital gain, or increase in median house value, Risdon Park,5540 has racked up an average of 37.06% over the period. This ranks it number 703th in the whole country for real estate investors looking at median house price increases.
Risdon Park is 17th on a list of best yielding suburbs for rents in SA with a 6.36% return