Ferryden Park, 5010 ranked 129th 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
If we look at median property appreciation over just the last three months, Ferryden Park has given property investors a paper return of -0.81%. This puts Suburb as 335 on a list of fastest fasting appreciating suburbs in SA
Our latest figures would indicate that property sellers in Ferryden Park are currently offering property investors an average price cut of -4.88% below the asking price at the moment.
Advertised rents are around the $390 mark per week – giving a return of 4.73% based on the median price in Suburb
Property value increases in Ferryden Park have tracked lower than the SA average of 0.22% over the last 12 months.
Ferryden Park,5010 has offered an average of -40.83% return per annum in house price rises to property investors over the last three years.
The most recent median price for Ferryden Park is $200000, with sellers offering an average of -18.06% off the asking price.
Ferryden Park is 2nd on a list of best yielding suburbs for rents in SA with a 7.80% return
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