Property value increases in Cumberland Park have tracked just lower than the SA average of 2.55% over the last 12 months.
Comparing Cumberland Park,5041 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Cumberland Park is giving property investors an average Vendor Discount of around -2.24%. This puts suburb at number 379th in SA when ranking the most discounted suburbs.
At number 1004 in a list of fastest selling suburbs, Cumberland Park is in the TOP 30% of suburbs in Australia with an average of days on market 55.83 for properties listed there.
Property investors should expect to get $417.5 weekly from the median priced house in this suburb.
At number 677th in the list of Australian suburbs ordered by increase in median house value over the last year, Cumberland Park, 5041 is in the top 40% with a property value increase of 4.76% recorded in median house prices.
Situated 3.25km from the CBD, Cumberland Park is one of Mitcham localities in the postcode 5041.