If you compare the increase in value of investment property in Park Holme, 5043 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 4.32%.
The five-year average increase in median property values for Park Holme,5043 has given property investors a potential capital gain of 20.67% across each of those five years.
Park Holme is 164th on a list of best yielding suburbs for rents in SA with a 4.31% return
Giving property investors a a poor capital gain of -2.01% for the last year, Park Holme, 5043 is the 1370th highest performer in Australia in this respect.
Over the longer term, Park Holme has seen property prices show investors a 0.76% return over the last 3 years. This is worse than over the last 12 months
Situated 7.96km from the CBD, Park Holme is one of Marion (C) localities in the postcode 5043.
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Apartments see a boost
Median unit price: $403,000
Three-year growth: 16.9%
Rental yield: 4.5%
Just 8km from the Adelaide CBD, the suburb of Park Holme has buyers looking to grab a slice of the unit market pie.
Such properties are typically staying on the market for only 44 days, with vendors able to negotiate for discounts of 4.3%. Investors can gain 4.5% rental returns on average, and the current median price comes in at a little over $400,000 following a 6.3% increase in apartment prices in the 12 months to April 2018.
While it is a small suburb, Park Holme is effectively served by the M44 and 248 bus routes. The Ascot Park train station is located in the southern end. Ascot Park Primary School is also situated in Park Holme. The suburb is also highly accessible as it is surrounded by Hendrie Street, Oaklands Road, Tarranna Avenue and Marion Road, through which the Adelaide CBD can be reached.