Over the last year, property investments in Adelaide, 5000 have given investors a capital gain of 15.27%. This compares very favourably with the 3.04% for SA as a whole.
The five-year average increase in median property values for Adelaide,5000 has given property investors a potential capital gain of 19.62% across each of those five years.
Adelaide5000 is located in SA which offers an average discount of -6.50% to property investors. Adelaide itself is showing figures that indicate -4.54% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Adelaide the average time real estate has been on the market is 70.8214 days.
Advertised rents are around the $450 mark per week – giving a return of 3.69% based on the median price in Suburb
Adelaide is in the TOP 20% in SA when comparing median price capital growth over the last year. Adelaide gave property investors a very good capital gain figure when compared to the rest of the state, with 8.84%.
While Adelaide,5000 ranked number 41th in SA for increase in median house value (annualised) increase, it is ranked 26th over the last 5 years.
Property investors looking for a bargain in Adelaide should be aiming for at least -6.36% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1073 in a list of fastest selling suburbs, Adelaide is in the bottom 30% of suburbs in Australia with an average of days on market 98.8143 for properties listed there.
Adelaide is 32th on a list of best yielding suburbs for rents in SA with a 5.44% return