SA has seen average median house prices change by 2.79% which means that Collinswood, 5081 has done well for property investors by showing a capital gain of 8.65% over the last year
A 14.59% growth in median value for property investors in Collinswood,5081 puts this suburb at number 312th in terms of best performing suburbs in SA
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Collinswood, 5081. Typically our figures indicate that -6.58% is being offered, which puts this SA suburb at 1454th most discounted overall in Australia.
In the last year 19 properties changed hands in Collinswood, which puts it as the 389th most active market in SA when comparing the number of sales per suburb.
Collinswood, 5081’s gross rental yield is 3.47%
If you compare the increase in value of investment property in Collinswood, 5081 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 11.16%.
Across a shorter period, Collinswood, 5081 has seen a median price increase of 2.08% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Collinswood is offering property investors an average of -6.18. This rate of discount on properties puts Suburb at number 99th in terms of most discounted suburbs in SA
With the median price for a house in Collinswood being $365700 and the advertised rent reaching $285 the gross rental yield for property investors calculates out to be 4.05%