At number 1556th in the list of Australian suburbs ordered by increase in median house value over the last year, Ottoway, 5013 is in the top 40% with a property value increase of 7.48% recorded in median house prices.
If we look at median property appreciation over just the last three months, Ottoway has given property investors a paper return of 3.76%. This puts Suburb as 94 on a list of fastest fasting appreciating suburbs in SA
Our latest figures would indicate that property sellers in Ottoway are currently offering property investors an average price cut of -8.86% below the asking price at the moment.
Often selling an investment property can take time, and in Ottoway the average time real estate has been on the market is 101.9 days.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.