Investment property in Athelstone has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.77%
While Athelstone,5076 ranked number 214th in SA for increase in median house value (annualised) increase, it is ranked 194th over the last 5 years.
Our latest figures would indicate that property sellers in Athelstone are currently offering property investors an average price cut of -7.07% below the asking price at the moment.
On average over the past year, suburb has had 10.33 sales per month, which equates to 124 per year.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.92%, without taking into account capital value appreciation, which has been averaging out at 2.74%.