Investment property in Silkstone has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.27%
Silkstone,4304 was ranked 2486 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Silkstone should be aiming for at least -6.21% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Silkstone the average time real estate has been on the market is 66.59 days.
With the median price for a house in Silkstone being $295000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.29%