If you compare the increase in value of investment property in Marino, 5049 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -1.80%.
A 13.75% growth in median value for property investors in Marino,5049 puts this suburb at number 34th in terms of best performing suburbs in SA
Our latest figures would indicate that property sellers in Marino are currently offering property investors an average price cut of -5.35% below the asking price at the moment.
In the last year 33 properties changed hands in Marino, which puts it as the 271th most active market in SA when comparing the number of sales per suburb.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 4.54%, investors should hope to achieve an overall return of 3.66%