Based on its average 5-year and quarterly capital gains ERINDALE, 5066 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 ERINDALE, 5066 obtained a 5.88% growth over a ten-year period. It ranks 1300th on our list of suburbs that property investors should look into.
ERINDALE, 5066 in SA belongs to the local government area of Burnside.
ERINDALE, 5066 has a capital gain of 15.74% for the past year, which is higher than average compared to its 74.36% growth within a five-year period.
With the median home price in ERINDALE sitting at $1,360,000, and the average rent at $480, property owners could potentially earn a 1.84% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ERINDALE are low, as opposed to average gains per annum over the past five years.
A 15.74% increase in median property prices in ERINDALE, 5066 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 49th.