Giving property investors a an average capital gain of 6.02% for the last year, Sturt, 5047 is the 1797th highest performer in Australia in this respect.
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.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.57% offered to property buyers. Sellers in Sturt itself are offering an average vendor discount of -5.13% to real estate investors.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 4.99%, investors should hope to achieve an overall return of 4.28%