DERNANCOURT ranks 2nd in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 7.89% for the past year is higher than average compared to its 21.38% growth within a five-year period.
Also in DERNANCOURT, the median home price is sitting at $485,500, and the average rent at $360, this suggests property owners could potentially earn a 3.86% increase in gross rental yield.
Property investors have seen a -0.1% drop in DERNANCOURT based on a decrease 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 3.25% growth over a ten-year period. It ranks 2296th on our list of suburbs that property investors should look into.