If you compare the increase in value of investment property in Park Holme, 5043 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 3.32%.
A 29.99% growth in median value for property investors in Park Holme,5043 puts this suburb at number 166th in terms of best performing suburbs in SA
Property buyers and investors in Park Holme 5043 should be seeing an average reduction in asking price of around -4.91% . This means that Park Holme is holding prices well when compared to other suburbs in SA.
At number 433 in a list of fastest selling suburbs, Park Holme is in the TOP 20% of suburbs in Australia with an average of days on market 42.93 for properties listed there.
Using the current median advertised rental of $397.5 and the average annual increase in value of a median property of 3.28%, investors should hope to achieve an overall return of 4.09%
Park Holme, 5043 ranked 37th in SA when comparing growth in median property values or capital gain over the last 12 months. Park Holme is one of 853 in our list for SA
Park Holme,5043 has offered an average of 11.61% return per annum in house price rises to property investors over the last three years.
The most recent median price for Park Holme is $423000, with sellers offering an average of -4.32% off the asking price.
The SA suburb of Park Holme, 5043 is in the Marion local government area.
Just 8km from the Adelaide CBD, the suburb of Park Holme has buyers looking to grab a slice of the unit market pieFull summary
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Apartments see a boost
Median unit price: $403,000
Three-year growth: 16.9%
Rental yield: 4.5%
Just 8km from the Adelaide CBD, the suburb of Park Holme has buyers looking to grab a slice of the unit market pie.
Such properties are typically staying on the market for only 44 days, with vendors able to negotiate for discounts of 4.3%. Investors can gain 4.5% rental returns on average, and the current median price comes in at a little over $400,000 following a 6.3% increase in apartment prices in the 12 months to April 2018.
While it is a small suburb, Park Holme is effectively served by the M44 and 248 bus routes. The Ascot Park train station is located in the southern end. Ascot Park Primary School is also situated in Park Holme. The suburb is also highly accessible as it is surrounded by Hendrie Street, Oaklands Road, Tarranna Avenue and Marion Road, through which the Adelaide CBD can be reached.Close