FLAGSTAFF HILL ranks 47th in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 3.46% for the past year is higher than average compared to its 14.95% growth within a five-year period.
Also in FLAGSTAFF HILL, the median home price is sitting at $491,425, and the average rent at $400, this suggests property owners could potentially earn a 4.23% increase in gross rental yield.
Property investors have seen a -1.22% drop in FLAGSTAFF HILL 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 2.49% growth over a ten-year period. It ranks 2728th on our list of suburbs that property investors should look into.