Elizabeth Grove, 5112 ranked 256th in SA when comparing growth in median property values or capital gain over the last 12 months. Elizabeth Grove is one of 853 in our list for SA
Elizabeth Grove,5112 has offered an average of 2.06% return per annum in house price rises to property investors over the last three years.
Elizabeth Grove5112 is located in SA which offers an average discount of -6.55% to property investors. Elizabeth Grove itself is showing figures that indicate -11.86% is the average achievable by property buyers investing in the suburb.
At number 2619 in a list of fastest selling suburbs, Elizabeth Grove is in the bottom 40% of suburbs in Australia with an average of days on market 100.69 for properties listed there.
A $251 per week rent on the median house gives suburb investors a gross yield of circa 5.87%, without taking into account capital value appreciation, which has been averaging out at 3.99%.
With a capital gain of 2.98% for the last 12 months, Elizabeth Grove, 5112 has performed for property investments than its average annual 3.47% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Elizabeth Grove has fallen somewhat when compared to the 5 year average annual rate.
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 Elizabeth Grove, 5112. Typically our figures indicate that -5.67% is being offered, which puts this SA suburb at 577th most discounted overall in Australia.
The SA suburb of Elizabeth Grove, 5112 is in the Playford local government area.