AREA REPORTS

Dover Gardens

SA/
Dover gardens

Suburb Profile

Dover Gardens - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5048

house
unit

DOVER GARDENS, 5048 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 $495,000.

Profits due to an upward trend in home prices in the suburb averaged 4.6% per annum over a 3-year period.

DOVER GARDENS now ranks at the th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in DOVER GARDENS are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $400 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In DOVER GARDENS, homes and units usually stay on listing for an average of 85.5 days.

In 2016, 54 properties were sold in DOVER GARDENS during the past year, making it the 109th most active market in SA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $495,000 $441,250
GROWTH REPORT
Median Quarterly 0% -2.49%
Median 12 month -0.4% -4.59%
Median 3 years 13.79% 1.55%
Median 5 years 21.32% 6.33%
10 years average annual 3.07% 2.3%
Weekly media advert. rent $400 $420
Time on Market 85.5 days 84.7 days
Gross Rental Yield Percent 4.2% 4.95%
demographics (median values)
Total Population
2121
Weekly Household Income
711.5
Household Size
2.30
demographics
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Top 10 Birth Countries
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Tenure Type

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