Allenby Gardens is in the TOP 20% in SA when comparing median price capital growth over the last year. Allenby Gardens gave property investors a very good capital gain figure when compared to the rest of the state, with 13.21%.
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.
On average over the past year, suburb has had 1.83 sales per month, which equates to 22 per year.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.64%, without taking into account capital value appreciation, which has been averaging out at 2.72%.