Property investors who have had real estate in Adelaide, 5000 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.17%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Adelaide has increased when compared to the 5 year average annual rate.
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 Adelaide, 5000. Typically our figures indicate that -5.55% is being offered, which puts this SA suburb at 658th most discounted overall in Australia.
Adelaide, 5000’s gross rental yield is 3.34%
With a capital gain of 10.24% for the last 12 months, Adelaide, 5000 has performed for property investments than its average annual 2.48% property growth over the last 5 years.
A 23.75% growth in median value for property investors in Adelaide,5000 puts this suburb at number 35th in terms of best performing suburbs in SA
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.73% offered to property buyers. Sellers in Adelaide itself are offering an average vendor discount of -5.61% to real estate investors.
At number 1099 in a list of fastest selling suburbs, Adelaide is in the bottom 20% of suburbs in Australia with an average of days on market 96.1037 for properties listed there.
Advertised rents are around the $440 mark per week – giving a return of 4.62% based on the median price in Suburb