Renown Park has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -4.46% to date .
While Renown Park,5008 ranked number 369th in SA for increase in median house value (annualised) increase, it is ranked 156th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Renown Park, 5008. Typically our figures indicate that -5.03% is being offered, which puts this SA suburb at 2297th most discounted overall in Australia.
Renown Park, 5008’s gross rental yield is 4.41%
The most recent median price for Renown Park is $350000, with sellers offering an average of -2.70% off the asking price.