MARDEN ranks 254th in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 8.77% for the past year is higher than average compared to its 41.4% growth within a five-year period.
Also in MARDEN, the median home price is sitting at $707,000, and the average rent at $462.5, this suggests property owners could potentially earn a 3.4% increase in gross rental yield.
Property investors have seen a 1.43% gain in MARDEN based on an increase 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 4.29% growth over a ten-year period. It ranks 1796th on our list of suburbs that property investors should look into.
A 2.8% increase in median property prices in MARDEN, 5070 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 83rd.
A steady increase in median property prices over a five-year period in MARDEN, 5070 translates to a 14.26% capital gain.
MARDEN, 5070 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 $348,500.
Augmented property values in MARDEN are trailing behind the SA average of 2.99% for the past year.
Real estate investors could earn a rental income of $292.5 based on current median home prices for the suburb.
Home owners selling their properties and realtors in MARDEN usually have to wait an average of 72.2 days days before their assets are lifted off the market.
MARDEN ranks 123rd on the list of best yielding suburbs for rental properties in SA, posting a 4.36% return.
MARDEN, 5070 places 64th in Australia based on median property value growth during the quarter.