At number 3369th in the list of Australian suburbs ordered by increase in median house value over the last year, Edwardstown, 5039 is in the BOTTOM 30% with a property value increase of 6.12% recorded in median house prices.
Over the longer term, Edwardstown has seen property prices show investors a 4.37% return over the last 3 years. This is an improvement over the last 12 months
Using the current median advertised rental of $425 and the average annual increase in value of a median property of 2.23%, investors should hope to achieve an overall return of 4.25%
With a capital gain of -20.77% for the last 12 months, Edwardstown, 5039 has performed for property investments than its average annual 3.26% property growth over the last 5 years.
Edwardstown,5039 has offered an average of -20.77% return per annum in house price rises to property investors over the last three years.
Using the current median advertised rental of $297.5 and the average annual increase in value of a median property of 3.26%, investors should hope to achieve an overall return of 4.83%
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Just 6km southwest of Adelaide, the suburb of Edwardstown is climbing in value.
Median house prices here are just shy of $450,000, whereas the median unit value approaches $300,000, an increase of 4.4%. Growth can be attributed to Edwardstown’s location and affordability.
The suburb houses the Castle Plaza Shopping Centre, providing residents with many necessary amenities. There is also a medical centre.
Edwardstown is surrounded by suburbs like Clovelly Park, which is home to several schools and reserves.
By bus, Adelaide is roughly 20 minutes from Edwardstown. Commuters can also take the train from Edwardstown Railway Station, which serves the Seaford and Tonsley lines.