Giving property investors a a stable capital gain of 7.66% for the last year, Sturt, 5047 is the 1448th highest performer in Australia in this respect.
Comparing Sturt,5047 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 315th of SA’s most discounted properties, Sturt is in the TOP 20% of the state/territory when listing in order of most discounted to least.
A $372.5 per week rent on the median house gives suburb investors a gross yield of circa 4.30%, without taking into account capital value appreciation, which has been averaging out at 5.04%.
Property investors who have had real estate in Sturt, 5047 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.48%
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.
On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.
Advertised rents are around the $390 mark per week – giving a return of 4.80% based on the median price in Suburb