Property value increases in Marleston have tracked just higher than the SA average of 3.97% over the last 12 months.
If we look at median property appreciation over just the last three months, Marleston has given property investors a paper return of -2.84%. This puts Suburb as 375 on a list of fastest fasting appreciating suburbs in SA
At number 365th of SA’s most discounted properties, Marleston is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 3.71%, investors should hope to achieve an overall return of 3.78%
At number 876th in the list of Australian suburbs ordered by increase in median house value over the last year, Marleston, 5033 is in the BOTTOM 50% with a property value increase of 3.55% recorded in median house prices.
While Marleston,5033 ranked number 135th in SA for increase in median house value (annualised) increase, it is ranked 31th over the last 5 years.
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 Marleston, 5033. Typically our figures indicate that -6.74% is being offered, which puts this SA suburb at 314th most discounted overall in Australia.
Often selling an investment property can take time, and in Marleston the average time real estate has been on the market is 86.85 days.
With the median price for a house in Marleston being $321000 and the advertised rent reaching $295 the gross rental yield for property investors calculates out to be 4.78%