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%
Greenacres,5086 has offered an average of 8.75% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Greenacres should be aiming for at least -8.60% off the asking price, which is the average vendor discount being achieved at the moment.
Over the last year, property investments in Greenacres, 5086 have given investors a capital gain of -11.21%. This compares very badly with the 4.28% for SA as a whole.
Greenacres,5086 has offered an average of -11.21% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -7.59% to buyers in Greenacres at the moment, which is less than average for the rest of SA.
Often selling an investment property can take time, and in Greenacres the average time real estate has been on the market is 91.9 days.
Greenacres is 53th on a list of best yielding suburbs for rents in SA with a 5.25% return