Property investors who have had real estate in Adelaide, 5000 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.69%
Over the longer term, Adelaide has seen property prices show investors a -2.27% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Adelaide are currently offering property investors an average price cut of -5.39% below the asking price at the moment.
At number 2007 in a list of fastest selling suburbs, Adelaide is just in the bottom half of suburbs in Australia with an average of days on market 77.5161 for properties listed there.
Investment property in Adelaide has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.98%
Taking the average capital gain, or increase in median house value, Adelaide,5000 has racked up an average of -6.98% over the period. This ranks it number 745th in the whole country for real estate investors looking at median house price increases.
At number 35th of SA’s most discounted properties, Adelaide is in the TOP 40% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Adelaide being $400000 and the advertised rent reaching $435 the gross rental yield for property investors calculates out to be 5.66%