Property investors who have had real estate in Greenacres, 5086 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.75%
Over the longer term, Greenacres has seen property prices show investors a 17.57% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Greenacres is giving property investors an average Vendor Discount of around -7.72%. This puts suburb at number 81th in SA when ranking the most discounted suburbs.
Greenacres is 182th on a list of best yielding suburbs for rents in SA with a 4.42% return
If you compare the increase in value of investment property in Greenacres, 5086 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -9.38%.
Vendor discounting in Greenacres is giving property investors an average Vendor Discount of around -8.22%. This puts suburb at number 19th in SA when ranking the most discounted suburbs.