Mile End, 5031 ranked 257th in SA when comparing growth in median property values or capital gain over the last 12 months. Mile End is one of 853 in our list for SA
When looking at the potential capital gains offered to property investors over the last 3 years, Mile End comes in at number 301th in SA.
LACK OF BUYER INTEREST may well be the reason that Mile End is offering property investors an average of -6.51. This rate of discount on properties puts Suburb at number 42th in terms of most discounted suburbs in SA
Using the current median advertised rental of $422.5 and the average annual increase in value of a median property of 5.51%, investors should hope to achieve an overall return of 3.92%
Property value increases in Mile End have tracked just higher than the SA average of 4.28% over the last 12 months.
Comparing Mile End,5031 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.06% offered to property buyers. Sellers in Mile End itself are offering an average vendor discount of -5.97% to real estate investors.
Mile End, 5031’s gross rental yield is 4.51%