Mile End is in the TOP 20% in SA when comparing median price capital growth over the last year. Mile End gave property investors a very good capital gain figure when compared to the rest of the state, with 11.25%.
Over the longer term, Mile End has seen property prices show investors a 23.90% return over the last 3 years. This is worse than over the last 12 months
Mile End5031 is located in SA which offers an average discount of -6.56% to property investors. Mile End itself is showing figures that indicate -9.68% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.
Situated 2.58km from the CBD, Mile End is one of West Torrens localities in the postcode 5031.
Mile End is an average performer in SA when comparing median price capital growth over the last year. Mile End gave property investors a average capital gain figure when compared to the rest of the state, with 0.98%.
The five-year average increase in median property values for Mile End,5031 has given property investors a potential capital gain of 0.85% across each of those five years.
Property investors looking for a bargain in Mile End should be aiming for at least -7.04% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 34 properties changed hands in Mile End, which puts it as the 60th most active market in SA when comparing the number of sales per suburb.
The SA suburb of Mile End, 5031 is in the West Torrens local government area.