SA has seen average median house prices change by 3.35% which means that Athelstone, 5076 has done well for property investors by showing a capital gain of 7.45% over the last year
The five-year average increase in median property values for Athelstone,5076 has given property investors a potential capital gain of 12.22% across each of those five years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.51% offered to property buyers. Sellers in Athelstone itself are offering an average vendor discount of -6.48% to real estate investors.
The SA suburb of Athelstone, 5076 is in the Campbelltown local government area.
Investment property in Athelstone has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.75%
In the last year 23 properties changed hands in Athelstone, which puts it as the 94th most active market in SA when comparing the number of sales per suburb.
Using the current median advertised rental of $297.5 and the average annual increase in value of a median property of 4.10%, investors should hope to achieve an overall return of 4.55%