Property investors who have had real estate in Flinders Park, 5025 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.95%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Flinders Park 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 Flinders Park, 5025. Typically our figures indicate that -7.58% is being offered, which puts this SA suburb at 1498th most discounted overall in Australia.
In the last year 102 properties changed hands in Flinders Park, which puts it as the 50th most active market in SA when comparing the number of sales per suburb.
A $425 per week rent on the median house gives suburb investors a gross yield of circa 3.73%, without taking into account capital value appreciation, which has been averaging out at 3.30%.