Investment property in Adelaide has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.68%
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.
The most recent median price for Adelaide is $680000, with sellers offering an average of -4.76% off the asking price.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Adelaide has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 11.11% to date .
Across a shorter period, Adelaide, 5000 has seen a median price increase of 2.04% over the last quarter.
Property buyers and investors in Adelaide 5000 should be seeing an average reduction in asking price of around -6.16% . This means that Adelaide is holding prices well when compared to other suburbs in SA.
In the last year 729 properties changed hands in Adelaide, which puts it as the 1st most active market in SA when comparing the number of sales per suburb.
The SA suburb of Adelaide, 5000 is in the Adelaide (C) local government area.