Property Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
Property investors enjoyed capital gains of 32.95% over the last 12 months in DAVOREN PARK, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 2.64% growth over a ten-year period. It ranks 3276th on our list of suburbs that property investors should look into.
DAVOREN PARK, 5113 has a capital gain of 32.95% for the past year, which is higher than average compared to its 31.43% growth within a five-year period.
With the median home price in DAVOREN PARK sitting at $230,000, and the average rent at $280, property owners could potentially earn a 6.33% increase in gross rental yield.
A 32.95% increase in median property prices in DAVOREN PARK, 5113 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 52nd.
Figures from the previous quarter show that capital gains for real estate buyers in DAVOREN PARK are high, as opposed to average gains per annum over the past five years.
DAVOREN PARK, 5113 in SA belongs to the local government area of Playford (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||32.95%||N/A|
|Median 3 years||30.68%||N/A|
|Median 5 years||31.43%||N/A|
|10 years average annual||2.64%||N/A|
|Weekly media advert. rent||$280||N/A|
|Time on Market||43.3 days||N/A|
|Gross Rental Yield Percent||6.33%||N/A|