If you compare the increase in value of investment property in Coromandel Valley, 5051 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 4.26%.
A 6.52% growth in median value for property investors in Coromandel Valley,5051 puts this suburb at number 248th in terms of best performing suburbs in SA
LACK OF BUYER INTEREST may well be the reason that Coromandel Valley is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 118th in terms of most discounted suburbs in SA
Using the current median advertised rental of $405 and the average annual increase in value of a median property of 3.64%, investors should hope to achieve an overall return of 4.30%