Based on its average 5-year and quarterly capital gains FERRYDEN PARK, 5010 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 FERRYDEN PARK, 5010 obtained a 2.52% growth over a ten-year period. It ranks 2774th on our list of suburbs that property investors should look into.
FERRYDEN PARK, 5010 in SA belongs to the local government area of Port Adelaide Enfield.
FERRYDEN PARK, 5010 has a capital gain of 2.72% for the past year, which is higher than average compared to its 10.97% growth within a five-year period.
With the median home price in FERRYDEN PARK sitting at $435,000, and the average rent at $360, property owners could potentially earn a 4.3% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in FERRYDEN PARK are high, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in FERRYDEN PARK, 5010 translates to a 0.81% capital gain.
FERRYDEN PARK, 5010 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $312,500.
Profits due to an upward trend in home prices in FERRYDEN PARK, 5010 averaged 0.27% per annum over a 3-year period.
Home owners selling their properties and realtors in FERRYDEN PARK usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $300 mark, reflecting a 4.99% increase in returns based on the current median price in FERRYDEN PARK.
FERRYDEN PARK, 5010 places 86th in Australia based on median property value growth during the quarter.