Giving property investors a an average capital gain of 0.00% for the last year, Paralowie, 5108 is the 1886th highest performer in Australia in this respect.
Across a shorter period, Paralowie, 5108 has seen a median price increase of 0.00% over the last quarter.
Sellers are offering property buyers an average discount of -6.61% to buyers in Paralowie at the moment, which is less than average for the rest of SA.
Residents and property investors in Paralowie have been waiting around 63.3043 days to sell a property.
Property investors should expect to get $320 weekly from the median priced house in this suburb.
Information supplied by:
Supply stays steady
Median house price: $304,000
Stock on market: -1.1%
12-month growth: 1.3%
A half hour’s drive from Adelaide, the suburb of Paralowie is mainly residential, but it is also served by many amenities.
Development in the area has led to the construction of new dwellings, and a number of cafes, restaurants and shops have popped up to cater to the population’s needs. Paralowie also offers residents a wonderful community that’s ideal for families. Nonetheless, buyers do have to be careful when looking into this suburb, as there are pockets which are not entirely safe.
Supply levels in this suburb have largely remained steady in the January 2018-2019 period. With house prices on the up in this suburb, keeping stock down could help spur demand in this area, given the high average discount rate of 11.5% that sellers are having to offer and the fact that houses spend an average of 90 days on sale.