Ferryden Park, 5010 ranked 52th 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
While Ferryden Park,5010 ranked number 74th in SA for increase in median house value (annualised) increase, it is ranked 109th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ferryden Park, 5010. Typically our figures indicate that -4.89% is being offered, which puts this SA suburb at 2279th most discounted overall in Australia.
Property investors should expect to get $390 weekly from the median priced house in this suburb.
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 originsFull summary
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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.Close