Based on its average 5-year and quarterly capital gains ALLENBY GARDENS, 5009 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 ALLENBY GARDENS, 5009 obtained a 8.32% growth over a ten-year period. It ranks 992nd on our list of suburbs that property investors should look into.
ALLENBY GARDENS, 5009 in SA belongs to the local government area of Charles Sturt.
ALLENBY GARDENS, 5009 has a capital gain of 16.15% for the past year, which is higher than average compared to its 74.9% growth within a five-year period.
With the median home price in ALLENBY GARDENS sitting at $1,150,000, and the average rent at $645, property owners could potentially earn a 2.92% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ALLENBY GARDENS are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on ALLENBY GARDENS, 5009 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 48.98%.
Property investors enjoyed capital gains of 48.98% over the last 12 months in ALLENBY GARDENS, translating to lower returns compared with its peers in SA.
ALLENBY GARDENS, 5009 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $908,750.
Profits due to an upward trend in home prices in ALLENBY GARDENS, 5009 averaged 0% per annum over a 3-year period.
Home owners selling their properties and realtors in ALLENBY GARDENS usually have to wait an average of N/A days before their assets are lifted off the market.
Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in ALLENBY GARDENS.
ALLENBY GARDENS, 5009 places 6th in Australia based on median property value growth during the quarter.