PARA HILLS ranks 24th in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 7.14% for the past year is higher than average compared to its 25.95% growth within a five-year period.
Also in PARA HILLS, the median home price is sitting at $330,000, and the average rent at $320, this suggests property owners could potentially earn a 5.04% increase in gross rental yield.
Property investors have seen a 0% gain in PARA HILLS 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 2.75% growth over a ten-year period. It ranks 2578th on our list of suburbs that property investors should look into.