If you compare the increase in value of investment property in Cumberland Park, 5041 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was -1.05%.
Across a shorter period, Cumberland Park, 5041 has seen a median price increase of 0.35% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Cumberland Park is offering property investors an average of -6.73. This rate of discount on properties puts Suburb at number 238th in terms of most discounted suburbs in SA
Renters in Suburb are facing rents around $23400 per annum or $450 every week.
Over the last year, property investments in Cumberland Park, 5041 have given investors a capital gain of -7.89%. This compares badly with the 1.05% for SA as a whole.
Over the longer term, Cumberland Park has seen property prices show investors a -12.90% return over the last 3 years. This is an improvement over the last 12 months
The SA suburb of Cumberland Park, 5041 is in the Mitcham (C) local government area.