Investment property in Fullarton has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.98%
Taking the average capital gain, or increase in median house value, Fullarton,5063 has racked up an average of 8.98% over the period. This ranks it number 2710th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Fullarton is giving property investors an average Vendor Discount of around -4.10%. This puts suburb at number 353th in SA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Fullarton the average time real estate has been on the market is 67.05 days.
Using the current median advertised rental of $545 and the average annual increase in value of a median property of 5.94%, investors should hope to achieve an overall return of 3.29%
At number 1194th in the list of Australian suburbs ordered by increase in median house value over the last year, Fullarton, 5063 is in the BOTTOM 40% with a property value increase of -1.18% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Fullarton,5063 has racked up an average of -1.18% over the period. This ranks it number 1091th in the whole country for real estate investors looking at median house price increases.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.26% offered to property buyers. Sellers in Fullarton itself are offering an average vendor discount of -4.16% to real estate investors.
Fullarton is 148th on a list of best yielding suburbs for rents in SA with a 4.21% return