With a capital gain of -9.55% for the last 12 months, Risdon Park, 5540 has performed for property investments than its average annual 2.52% property growth over the last 5 years.
Risdon Park,5540 was ranked 1493 in Australia by increase in median property value over the quarter.
Risdon Park5540 is located in SA which offers an average discount of -6.41% to property investors. Risdon Park itself is showing figures that indicate -9.76% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $225 and the average annual increase in value of a median property of 2.52%, investors should hope to achieve an overall return of 6.50%
Risdon Park is in the bottom 10% in SA when comparing median price capital growth over the last year. Risdon Park gave property investors a dismal capital gain figure when compared to the rest of the state, with -22.62%.
If we look at median property appreciation over just the last three months, Risdon Park has given property investors a paper return of -8.88%. This puts Suburb as 161 on a list of fastest fasting appreciating suburbs in SA
The SA suburb of Risdon Park, 5540 is in the Port Pirie City and Dists local government area.