At number 2642th in the list of Australian suburbs ordered by increase in median house value over the last year, Sturt, 5047 is in the BOTTOM 40% with a property value increase of 2.08% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Sturt comes in at number 209th in SA.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Sturt, 5047. Typically our figures indicate that -5.77% is being offered, which puts this SA suburb at 1953th most discounted overall in Australia.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.
With the median price for a house in Sturt being $441500 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.36%