Risdon Park, 5540 ranked 442th in SA when comparing growth in median property values or capital gain over the last 12 months. Risdon Park is one of 853 in our list for SA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Risdon Park has fallen somewhat when compared to the 5 year average annual rate.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Risdon Park itself are offering an average vendor discount of -9.99% to real estate investors.
A $227.5 per week rent on the median house gives suburb investors a gross yield of circa 7.05%, without taking into account capital value appreciation, which has been averaging out at 1.91%.
If you compare the increase in value of investment property in Risdon Park, 5540 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -0.45%.
Comparing Risdon Park,5540 ‘s 5year and quarterly average capital gain offered to property investors, it performed the same across the longer period