Property investors enjoyed capital gains of 16.09% over the last 12 months in CUMBERLAND PARK, translating to lower returns compared with its peers in SA.
Figures from the previous quarter show that capital gains for real estate buyers in CUMBERLAND PARK are low, as opposed to average gains per annum over the past five years.
The suburb posted a 15.86% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $425 based on current median home prices for the suburb.
On average, rents on listings have reached the $425 mark, reflecting a 3.02% increase in returns based on the current median price in CUMBERLAND PARK.
CUMBERLAND PARK, 5041 ranks 50th in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 344th on the list of best yielding suburbs for rental properties in SA, posting a 3.02% return.
Property investors have seen a 8.03% gain in CUMBERLAND PARK based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on CUMBERLAND PARK, 5041 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 11.18%.
Based on its average 5-year and quarterly capital gains CUMBERLAND PARK, 5041 saw average growth in the long term.
CUMBERLAND PARK, 5041 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 $370,000.
Profits due to an upward trend in home prices in CUMBERLAND PARK, 5041 averaged 0.85% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $295 based on current median home prices for the suburb.
The gross rental yield in CUMBERLAND PARK, 5041 is 4.15%.
An average of 1 real estate transactions take place per month in CUMBERLAND PARK which translates to 12 per annum.
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