Linden Park is in the TOP 30% in SA when comparing median price capital growth over the last year. Linden Park gave property investors a good capital gain figure when compared to the rest of the state, with 7.82%.
Over the longer term, Linden Park has seen property prices show investors a 2.59% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Linden Park 5065 should be seeing an average reduction in asking price of around -7.81% . This means that Linden Park is holding prices well when compared to other suburbs in SA.
With the median price for a house in Linden Park being $869444 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 2.87%
If you compare the increase in value of investment property in Linden Park, 5065 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -13.78%.
While Linden Park,5065 ranked number 163th in SA for increase in median house value (annualised) increase, it is ranked 140th over the last 5 years.
Linden Park, 5065’s gross rental yield is 3.14%
Following a significant price drop of 13.8% in the 12 months leading up to March 2018, the suburb of Linden Park in Adelaide came back in the last 3 months of that period with a 22.1% boostFull summary
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Ups and downs for apartment market
Median unit price: $513,000
Three-year growth: 17.4%
Rental yield: 3.0%
Following a significant price drop of 13.8% in the 12 months leading up to March 2018, the suburb of Linden Park in Adelaide came back in the last 3 months of that period with a 22.1% boost.
This continues the fluctuating growth trend that has been observed in this area for the past five years. Despite some slips, interest continues to come in and boost Linden Park’s stats – this can be observed in the average time on market for units, which is just 44 days.
Linden Park is part of the City of Burnside, and is only about 15 minutes from the Adelaide CBD. This proximity makes the suburb a great option not just for buyers, but for tenants as well.Close