If you compare the increase in value of investment property in Sturt, 5047 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 7.65%.
Over the longer term, Sturt has seen property prices show investors a 12.94% return over the last 3 years. This is worse than over the last 12 months
Sturt, 5047 is offering SA ‘s 318th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this SA.
Often selling an investment property can take time, and in Sturt the average time real estate has been on the market is 68.64 days.
Sturt, 5047’s gross rental yield is 4.39%
At number 1021th in the list of Australian suburbs ordered by increase in median house value over the last year, Sturt, 5047 is in the BOTTOM 50% with a property value increase of 0.72% recorded in median house prices.
Over the longer term, Sturt has seen property prices show investors a 5.13% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.20% offered to property buyers. Sellers in Sturt itself are offering an average vendor discount of -3.55% to real estate investors.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 4.17%, investors should hope to achieve an overall return of 4.82%