Adelaide has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -5.97% to date .
Taking the average capital gain, or increase in median house value, Adelaide,5000 has racked up an average of -5.97% over the period. This ranks it number 3552th in the whole country for real estate investors looking at median house price increases.
Adelaide5000 is located in SA which offers an average discount of -6.84% to property investors. Adelaide itself is showing figures that indicate -5.77% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Adelaide being $559000 and the advertised rent reaching $457.5 the gross rental yield for property investors calculates out to be 4.32%
Adelaide is in the bottom 40% in SA when comparing median price capital growth over the last year. Adelaide gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.23%.
Comparing Adelaide,5000 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Adelaide 5000 should be seeing an average reduction in asking price of around -6.62% . This means that Adelaide is holding prices well when compared to other suburbs in SA.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 5.49%, without taking into account capital value appreciation, which has been averaging out at 1.80%.