Based on its average 5-year and quarterly capital gains DEVON PARK, 5008 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that DEVON PARK, 5008 obtained a 8.14% growth over a ten-year period. It ranks 483rd on our list of suburbs that property investors should look into.
DEVON PARK, 5008 in SA belongs to the local government area of Port Adelaide Enfield.
DEVON PARK, 5008 has a capital gain of 2.85% for the past year, which is lower than average compared to its 35.12% growth within a five-year period.
With the median home price in DEVON PARK sitting at $505,000, and the average rent at $320, property owners could potentially earn a 3.3% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in DEVON PARK are low, as opposed to average gains per annum over the past five years.