Ferryden Park, 5010 ranked 131th in SA when comparing growth in median property values or capital gain over the last 12 months. Ferryden 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 Ferryden Park has increased when compared to the 5 year average annual rate.
Ferryden Park, 5010 is offering SA ‘s 73th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this SA.
Residents and property investors in Ferryden Park have been waiting around 54.625 days to sell a property.
Ferryden Park is 151th on a list of best yielding suburbs for rents in SA with a 4.79% return
Information supplied by:
Gentle and steady
Median unit price: $335,000
Three-year growth: 9.8%
Rental yield: 4.8%
Less than 10km from the Adelaide CBD, Ferryden Park was named for founder William Duthie’s hometown, a seaport village in Scotland. As a result, the street names have Scottish origins.
It is a well-stocked suburb, with a shopping centre located along Ridley Grove. The Parks community centre contains a library and fitness facilities, including a pool, and is adjacent to Angle Park. Ferryden Park is a haven for nature lovers, being the site of Ferryden Park Reserve, Richard Day Reserve and Tao Dan Reserve, among others.
The suburb is not a strong grower, but it has remained steady with unit prices slowly going up to reach a median of $335,000. In the year to August 2018, the growth rate hit 7.2%, and in the three months to August, a further increase of 1.5% was recorded.