SA has seen average median house prices change by 2.82% which means that Grange, 5022 has done well for property investors by showing a capital gain of 6.73% over the last year
Over the longer term, Grange has seen property prices show investors a 16.11% return over the last 3 years. This is worse than over the last 12 months
At number 241th of SA’s most discounted properties, Grange is in the TOP 40% of the state/territory when listing in order of most discounted to least.
In the last year 94 properties changed hands in Grange, which puts it as the 63th most active market in SA when comparing the number of sales per suburb.
Grange is 327th on a list of best yielding suburbs for rents in SA with a 3.39% return
At number 11th in the list of Australian suburbs ordered by increase in median house value over the last year, Grange, 5022 is in the top 10% with a property value increase of 38.89% recorded in median house prices.
Across a shorter period, Grange, 5022 has seen a median price increase of 6.08% over the last quarter.
Our latest figures would indicate that property sellers in Grange are currently offering property investors an average price cut of -5.83% below the asking price at the moment.
Property investors should expect to get $295 weekly from the median priced house in this suburb.