Cumberland Park, 5041 ranked 312th in SA when comparing growth in median property values or capital gain over the last 12 months. Cumberland Park is one of 853 in our list for SA
Across a shorter period, Cumberland Park, 5041 has seen a median price increase of 1.42% over the last quarter.
Advertised rents are around the $470 mark per week – giving a return of 3.43% based on the median price in Suburb
Cumberland Park is in the bottom 20% in SA when comparing median price capital growth over the last year. Cumberland Park gave property investors a dismal capital gain figure when compared to the rest of the state, with -14.73%.
Taking the average capital gain, or increase in median house value, Cumberland Park,5041 has racked up an average of -14.73% over the period. This ranks it number 1298th in the whole country for real estate investors looking at median house price increases.
With the median price for a house in Cumberland Park being $315500 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.78%