SA has seen average median house prices change by 3.04% which means that Broadview, 5083 has done well for property investors by showing a capital gain of 8.54% over the last year
Broadview,5083 was ranked 895 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Broadview is offering property investors an average of -6.57. This rate of discount on properties puts Suburb at number 37th in terms of most discounted suburbs in SA
Often selling an investment property can take time, and in Broadview the average time real estate has been on the market is 76.25 days.
Broadview is 301th on a list of best yielding suburbs for rents in SA with a 3.57% return
If you compare the increase in value of investment property in Broadview, 5083 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 9.19%.
If we look at median property appreciation over just the last three months, Broadview has given property investors a paper return of -0.51%. This puts Suburb as 106 on a list of fastest fasting appreciating suburbs in SA
Our latest figures would indicate that property sellers in Broadview are currently offering property investors an average price cut of -7.39% below the asking price at the moment.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.