At number 2942th in the list of Australian suburbs ordered by increase in median house value over the last year, Bedford Park, 5042 is in the BOTTOM 30% with a property value increase of -5.57% recorded in median house prices.
Comparing Bedford Park,5042 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Often selling an investment property can take time, and in Bedford Park the average time real estate has been on the market is 53.4 days.
Renters in Suburb are facing rents around $19240 per annum or $370 every week.
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Things get tight
Median house price: $490,000
Vacancy rate: 2.2%
Three-year growth: 12.6%
Residents love the suburb of Bedford Park in the south of Adelaide for its safety, convenience and excellent views from the nearby hills.
The suburb is home to Flinders University and to the Flinders Medical Centre; thus, it’s a perfect residential spot for students and medical personnel. Marion shopping centre is in the vicinity, along with restaurants. Sturt Creek runs close to the suburb, and a local reserve highlights the abundance of nature here. The community-oriented feel also makes Bedford Park an ideal place to bring up a family.
Rental vacancies in this suburb tightened perceptibly in the 12 months to January 2019 as the average vacancy rate went down from 3.5% to 2.2%. This is good news for those looking to capitalise on the convenience. Rent rates are reasonable at an average of $360 per week.