Reynella is in the bottom 30% in SA when comparing median price capital growth over the last year. Reynella gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.62%.
Across a shorter period, Reynella, 5161 has seen a median price increase of -3.03% over the last quarter.
Our latest figures would indicate that property sellers in Reynella are currently offering property investors an average price cut of -4.97% below the asking price at the moment.
Often selling an investment property can take time, and in Reynella the average time real estate has been on the market is 45.98 days.
Investment property in Reynella has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.95%
Across a shorter period, Reynella, 5161 has seen a median price increase of 2.06% over the last quarter.
Sellers are offering property buyers an average discount of -6.03% to buyers in Reynella at the moment, which is less than average for the rest of SA.
In the last year 12 properties changed hands in Reynella, which puts it as the 173th most active market in SA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3120 per annum or $260 every week.