If you compare the increase in value of investment property in Goodwood, 5034 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 2.07%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Goodwood has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Goodwood is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 384th in terms of most discounted suburbs in SA
Goodwood is 331th on a list of best yielding suburbs for rents in SA with a 3.21% return
Giving property investors a a poor capital gain of -18.99% for the last year, Goodwood, 5034 is the 1672th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Goodwood comes in at number 185th in SA.
Sellers are offering property buyers an average discount of -6.49% to buyers in Goodwood at the moment, which is less than average for the rest of SA.
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
Advertised rents are around the $332.5 mark per week – giving a return of 4.99% based on the median price in Suburb