Property investors enjoyed capital gains of 7.63% over the last 12 months in ATHOL PARK, translating to higher returns compared with its peers in SA.
Figures from the previous quarter show that capital gains for real estate buyers in ATHOL PARK are low, as opposed to average gains per annum over the past five years.
The suburb posted a 43.5% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $620 based on current median home prices for the suburb.
On average, rents on listings have reached the $620 mark, reflecting a 3.74% increase in returns based on the current median price in ATHOL PARK.
ATHOL PARK, 5012 ranks 342nd in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 124th on the list of best yielding suburbs for rental properties in SA, posting a 3.74% return.
Property investors have seen a -5.81% drop in ATHOL PARK based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ATHOL PARK, 5012 saw average growth in the long term.
ATHOL PARK, 5012 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 $607,500.
Profits due to an upward trend in home prices in ATHOL PARK, 5012 averaged 13.54% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $560 based on current median home prices for the suburb.
The gross rental yield in ATHOL PARK, 5012 is 4.79%.
An average of 1.25 real estate transactions take place per month in ATHOL PARK which translates to 15 per annum.