Over the last year, property investments in Osborne, 5017 have given investors a capital gain of -3.57%. This compares very badly with the 3.24% for SA as a whole.
While Osborne,5017 ranked number 357th in SA for increase in median house value (annualised) increase, it is ranked 364th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Osborne is offering property investors an average of -6.50. This rate of discount on properties puts Suburb at number 109th in terms of most discounted suburbs in SA
At number 1612 in a list of fastest selling suburbs, Osborne is just in the top half of suburbs in Australia with an average of days on market 73.76 for properties listed there.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 3.37%, investors should hope to achieve an overall return of 5.39%