Property investors who have had real estate in Coromandel Valley, 5051 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 8.16%
When looking at the potential capital gains offered to property investors over the last 3 years, Coromandel Valley comes in at number 216th in SA.
LACK OF BUYER INTEREST may well be the reason that Coromandel Valley is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 263th in terms of most discounted suburbs in SA
Using the current median advertised rental of $407.5 and the average annual increase in value of a median property of 3.87%, investors should hope to achieve an overall return of 4.00%