Albert Park has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 4.84% to date .
Taking the average capital gain, or increase in median house value, Albert Park,5014 has racked up an average of 4.84% over the period. This ranks it number 2777th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Albert Park should be aiming for at least -6.86% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Albert Park being $455000 and the advertised rent reaching $365 the gross rental yield for property investors calculates out to be 4.17%