Investment property in Adelaide has done 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 -3.93%
A 33.43% growth in median value for property investors in Adelaide,5000 puts this suburb at number 438th in terms of best performing suburbs in SA
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.
Adelaide is in the TOP 10% 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 21.75%.
Across a shorter period, Adelaide, 5000 has seen a median price increase of 2.77% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Adelaide is offering property investors an average of -6.23. This rate of discount on properties puts Suburb at number 40th in terms of most discounted suburbs in SA
Often selling an investment property can take time, and in Adelaide the average time real estate has been on the market is 91.83 days.
Property investors should expect to get $440 weekly from the median priced house in this suburb.