Adelaide, 5000 ranked 85th in SA when comparing growth in median property values or capital gain over the last 12 months. Adelaide is one of 853 in our list for SA
Over the longer term, Adelaide has seen property prices show investors a 5.94% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Adelaide are currently offering property investors an average price cut of -7.13% below the asking price at the moment.
At number 2426 in a list of fastest selling suburbs, Adelaide is in the bottom 40% of suburbs in Australia with an average of days on market 91.4074 for properties listed there.
Adelaide, 5000’s gross rental yield is 3.80%
Adelaide is an average performer in SA when comparing median price capital growth over the last year. Adelaide gave property investors a good capital gain figure when compared to the rest of the state, with 4.88%.
While Adelaide,5000 ranked number 34th in SA for increase in median house value (annualised) increase, it is ranked 32th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.92% offered to property buyers. Sellers in Adelaide itself are offering an average vendor discount of -6.56% to real estate investors.
Renters in Suburb are facing rents around $23400 per annum or $450 every week.