With a capital gain of 1.89% for the last 12 months, Grange, 5022 has performed for property investments than its average annual 4.84% property growth over the last 5 years.
Comparing Grange,5022 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Grange should be aiming for at least -6.62% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $440 weekly from the median priced house in this suburb.
Over the last year, property investments in Grange, 5022 have given investors a capital gain of 47.67%. This compares very favourably with the 3.99% for SA as a whole.
Grange,5022 has offered an average of 47.67% return per annum in house price rises to property investors over the last three years.
At number 79th of SA’s most discounted properties, Grange is in the middle of the state/territory when listing in order of most discounted to least.
With the median price for a house in Grange being $650000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 2.40%