BIRKENHEAD ranks 65th in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -11.11% for the past year is lower than average compared to its 26.78% growth within a five-year period.
Also in BIRKENHEAD, the median home price is sitting at $400,000, and the average rent at $385, this suggests property owners could potentially earn a 5.01% increase in gross rental yield.
Property investors have seen a -3.61% drop in BIRKENHEAD based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.63% growth over a ten-year period. It ranks 2655th on our list of suburbs that property investors should look into.