Over the last year, property investments in Sturt, 5047 have given investors a capital gain of 2.78%. This compares averagely with the 3.56% for SA as a whole.
Sturt,5047 has offered an average of 2.78% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -6.03% to buyers in Sturt at the moment, which is less than average for the rest of SA.
With the median price for a house in Sturt being $452500 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.25%
Investment property in Sturt has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.38%
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.
At number 158th of SA’s most discounted properties, Sturt is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 3.41%, investors should hope to achieve an overall return of 4.72%