Edwardstown, 5039 ranked 150th in SA when comparing growth in median property values or capital gain over the last 12 months. Edwardstown is one of 853 in our list for SA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Edwardstown has increased when compared to the 5 year average annual rate.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.87% offered to property buyers. Sellers in Edwardstown itself are offering an average vendor discount of -5.95% to real estate investors.
Giving property investors a a solid capital gain of 14.81% for the last year, Edwardstown, 5039 is the 114th highest performer in Australia in this respect.
The five-year average increase in median property values for Edwardstown,5039 has given property investors a potential capital gain of 2.99% across each of those five years.
Renters in Suburb are facing rents around $14560 per annum or $280 every week.
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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.