SA has seen average median house prices change by 2.79% which means that Gilberton, 5081 has done well for property investors by showing a capital gain of -0.99% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Gilberton comes in at number 427th in SA.
LACK OF BUYER INTEREST may well be the reason that Gilberton is offering property investors an average of -6.54. This rate of discount on properties puts Suburb at number 21th in terms of most discounted suburbs in SA
At number 1778 in a list of fastest selling suburbs, Gilberton is just in the top half of suburbs in Australia with an average of days on market 77 for properties listed there.
A $487.5 per week rent on the median house gives suburb investors a gross yield of circa 2.81%, without taking into account capital value appreciation, which has been averaging out at 7.49%.
Property value increases in Gilberton have tracked just lower than the SA average of 4.30% over the last 12 months.
Across a shorter period, Gilberton, 5081 has seen a median price increase of -1.37% over the last quarter.
On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.
Situated 1.00km from the CBD, Gilberton is one of Walkerville localities in the postcode 5081.