Property investors who have had real estate in Fulham Gardens, 5024 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.63%
Over the longer term, Fulham Gardens has seen property prices show investors a 14.55% return over the last 3 years. This is worse than over the last 12 months
Advertised rents are around the $435 mark per week – giving a return of 3.59% based on the median price in Suburb
With a capital gain of -3.19% for the last 12 months, Fulham Gardens, 5024 has performed for property investments than its average annual 4.79% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Fulham Gardens comes in at number 176th in SA.
Fulham Gardens is 76th on a list of best yielding suburbs for rents in SA with a 4.88% return
Situated in the western part of the Adelaide metropolitan area, Fulham Gardens is flourishing in a market that had faced struggles in past years. Prices have been rising steadily over a five-year period. In the January 2017 quarter alone, there was over 5% growth.Full summary
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Nature-loving suburb blooms
Median house price: $634,000
Vacancy rate: 1.01%
Three-year growth: 32.08%
Situated in the western part of the Adelaide metropolitan area, Fulham Gardens is flourishing in a market that had faced struggles in past years.
Prices have been rising steadily over a five-year period. In the January 2017 quarter alone, there was over 5% growth. The average vacancy rate slipped from 1.27% in 2016 to just 1.01%, indicating that while rental yields are not very high at 3.7%, investors can expect a steady stream of occupants. Vendors also benefit from the ability to offer low average discounts of 5.12%.
Fulham Gardens has a shopping centre composed of small shops, a bakery and dining establishments. The suburb also houses part of Torrens Linear Park, along with various smaller reserves.
Locals can travel to the Adelaide CBD by car through Tapleys Hill Road and Grange Road. Grange Road also leads to the beach. The Adelaide Metro has bus routes running through this suburb as well.Close