FLAGSTAFF HILL ranks 98th in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 6.38% for the past year is higher than average compared to its 13.64% growth within a five-year period.
Also in FLAGSTAFF HILL, the median home price is sitting at $500,000, and the average rent at $405, this suggests property owners could potentially earn a 4.21% increase in gross rental yield.
Property investors have seen a 2.04% gain in FLAGSTAFF HILL 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 3.17% growth over a ten-year period. It ranks 2416th on our list of suburbs that property investors should look into.