Mile End, 5031 ranked 38th 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
Comparing Mile End,5031 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Mile End5031 is located in SA which offers an average discount of -6.55% to property investors. Mile End itself is showing figures that indicate -9.68% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Mile End being $642550 and the advertised rent reaching $425 the gross rental yield for property investors calculates out to be 3.44%
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 1.10%.
Over the longer term, Mile End has seen property prices show investors a 2.35% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Mile End is offering property investors an average of -6.44. This rate of discount on properties puts Suburb at number 23th in terms of most discounted suburbs in SA
Often selling an investment property can take time, and in Mile End the average time real estate has been on the market is 60.26 days.