Birdwood

A 11.49% increase in median property prices in BIRDWOOD, 5234 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 54th.

A steady increase in median property prices over a five-year period in the suburb translates to a 7.14% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $412,500

The augmented property values in the suburb are trailing above the territorial average of 1.77% in 2016.

Home owners selling their properties and realtors in BIRDWOOD usually have to wait an average of 95.0 days days before their assets are lifted off the market.

The SA suburb ranks 441st on the list of best yielding suburbs for rental properties in SA, posting a 0% return.

It also places places 29th in Australia based on median property value growth during the quarter.