Based on its average 5-year and quarterly capital gains SOUTH PLYMPTON, 5038 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 SOUTH PLYMPTON, 5038 obtained a 4.38% growth over a ten-year period. It ranks 1767th on our list of suburbs that property investors should look into.
SOUTH PLYMPTON, 5038 in SA belongs to the local government area of Marion.
SOUTH PLYMPTON, 5038 has a capital gain of 11.32% for the past year, which is higher than average compared to its 31.07% growth within a five-year period.
With the median home price in SOUTH PLYMPTON sitting at $540,000, and the average rent at $387.5, property owners could potentially earn a 3.73% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SOUTH PLYMPTON are low, as opposed to average gains per annum over the past five years.
A 11.32% increase in median property prices in SOUTH PLYMPTON, 5038 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 88th.
A steady increase in median property prices over a five-year period in SOUTH PLYMPTON, 5038 translates to a 0.6% capital gain.
SOUTH PLYMPTON, 5038 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 $335,000.
Profits due to an upward trend in home prices in SOUTH PLYMPTON, 5038 averaged 0.2% per annum over a 3-year period.
Home owners selling their properties and realtors in SOUTH PLYMPTON usually have to wait an average of 68.4 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $300 mark, reflecting a 4.66% increase in returns based on the current median price in SOUTH PLYMPTON.