At number 3070th in the list of Australian suburbs ordered by increase in median house value over the last year, Sturt, 5047 is in the BOTTOM 30% with a property value increase of 0.16% recorded in median house prices.
Sturt,5047 has offered an average of 0.16% return per annum in house price rises to property investors over the last three years.
The most recent median price for Sturt is $456000, with sellers offering an average of -5.08% off the asking price.
Sturt is 204th on a list of best yielding suburbs for rents in SA with a 4.22% return
Sturt, 5047 ranked 78th in SA when comparing growth in median property values or capital gain over the last 12 months. Sturt is one of 853 in our list for SA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sturt has increased when compared to the 5 year average annual rate.
Property buyers and investors in Sturt 5047 should be seeing an average reduction in asking price of around -4.41% . This means that Sturt is holding prices well when compared to other suburbs in SA.
In the last year 14 properties changed hands in Sturt, which puts it as the 150th most active market in SA when comparing the number of sales per suburb.
Using the current median advertised rental of $385 and the average annual increase in value of a median property of 3.32%, investors should hope to achieve an overall return of 4.60%