Property investors who have had real estate in Marleston, 5033 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 8.86%
Taking the average capital gain, or increase in median house value, Marleston,5033 has racked up an average of 8.86% over the period. This ranks it number 1917th in the whole country for real estate investors looking at median house price increases.
Marleston has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 4.89% to date .
The five-year average increase in median property values for Marleston,5033 has given property investors a potential capital gain of 7.09% across each of those five years.
Property buyers and investors in Marleston 5033 should be seeing an average reduction in asking price of around -6.47% . This means that Marleston is holding prices well when compared to other suburbs in SA.
Renters in Suburb are facing rents around $15470 per annum or $297.5 every week.
Located in the City of West Torrens, the suburb of Marleston is a low-priced suburb aiming to sustain long-term interest among buyersFull summary
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Affordability maintains appeal
Median unit price: $321,000
Three-year growth: 12.6%
Rental yield: 4.8%
Located in the City of West Torrens, the suburb of Marleston is a low-priced suburb aiming to sustain long-term interest among buyers.
Marleston records a median value of under $350,000 in the apartment market. This makes it a very good deal for investors considering the Adelaide CBD is roughly 10 minutes away via Anzac Highway. Rental yield are reasonable at an average of 4.8%, from a weekly average rent rate of $295.
Marleston is surrounded by suburbs like Richmond, Keswick, Ashford and Netley, which provide access to many amenities. Adelaide Metro buses facilitate travel to these areas. Richmond is home to the City Mazda Stadium and the Westside Bikeway, as well as a commercial district. Neighbouring Keswick contains a railway station, while Ashford Hospital is near Marleston. The Adelaide Airport is only approximately 3km from Marleston.Close