Allenby Gardens has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -8.22% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Allenby Gardens has increased when compared to the 5 year average annual rate.
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 Allenby Gardens, 5009. Typically our figures indicate that -9.20% is being offered, which puts this SA suburb at 383th most discounted overall in Australia.
At number 1696th in the list of Australian suburbs ordered by increase in median house value over the last year, Allenby Gardens, 5009 is in the BOTTOM 10% with a property value increase of -22.99% recorded in median house prices.
At number 49th of SA’s most discounted properties, Allenby Gardens is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Situated 4.54km from the CBD, Allenby Gardens is one of Charles Sturt localities in the postcode 5009.