If you compare the increase in value of investment property in Hove, 5048 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -10.03%.
Taking the average capital gain, or increase in median house value, Hove,5048 has racked up an average of -10.03% over the period. This ranks it number 1636th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Hove should be aiming for at least -4.56% off the asking price, which is the average vendor discount being achieved at the moment.
The SA suburb of Hove, 5048 is in the Holdfast Bay local government area.
Hove has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -0.64% to date .
Across a shorter period, Hove, 5048 has seen a median price increase of -7.34% over the last quarter.
Hove, 5048 is offering SA ‘s 100th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this SA.
Often selling an investment property can take time, and in Hove the average time real estate has been on the market is 73.72 days.