Over the last year, property investments in Collinswood, 5081 have given investors a capital gain of -4.30%. This compares very badly with the 2.92% for SA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Collinswood comes in at number 333th in SA.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.56% offered to property buyers. Sellers in Collinswood itself are offering an average vendor discount of -3.98% to real estate investors.
Often selling an investment property can take time, and in Collinswood the average time real estate has been on the market is 61.33 days.
Investment property in Collinswood has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.68%
Over the longer term, Collinswood has seen property prices show investors a 9.52% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Collinswood are currently offering property investors an average price cut of -5.06% below the asking price at the moment.
Residents and property investors in Collinswood have been waiting around 64.33 days to sell a property.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.52%, without taking into account capital value appreciation, which has been averaging out at 5.41%.