Broadview is an average performer in SA when comparing median price capital growth over the last year. Broadview gave property investors a average capital gain figure when compared to the rest of the state, with 4.11%.
If we look at median property appreciation over just the last three months, Broadview has given property investors a paper return of 1.12%. This puts Suburb as 189 on a list of fastest fasting appreciating suburbs in SA
Property investors looking for a bargain in Broadview should be aiming for at least -5.79% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 6.58 sales per month, which equates to 79 per year.
Using the current median advertised rental of $375 and the average annual increase in value of a median property of 5.90%, investors should hope to achieve an overall return of 3.75%
Investment property in Broadview has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.24%
When looking at the potential capital gains offered to property investors over the last 3 years, Broadview comes in at number 70th 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 Broadview, 5083. Typically our figures indicate that -6.71% is being offered, which puts this SA suburb at 321th most discounted overall in Australia.
Broadview is 98th on a list of best yielding suburbs for rents in SA with a 4.64% return