If you compare the increase in value of investment property in Adelaide, 5000 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -7.56%.
A 8.91% growth in median value for property investors in Adelaide,5000 puts this suburb at number 396th in terms of best performing suburbs in SA
Adelaide5000 is located in SA which offers an average discount of -6.61% to property investors. Adelaide itself is showing figures that indicate -4.68% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 7.00 sales per month, which equates to 84 per year.
Renters in Suburb are facing rents around $23400 per annum or $450 every week.
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 -4.76%.
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.
Sellers are offering property buyers an average discount of -6.43% to buyers in Adelaide at the moment, which is less than average for the rest of SA.
In the last year 369 properties changed hands in Adelaide, which puts it as the 1st most active market in SA when comparing the number of sales per suburb.
Situated 0.84km from the CBD, Adelaide is one of Adelaide (C) localities in the postcode 5000.