Giving property investors a a poor capital gain of -4.44% for the last year, Elizabeth Grove, 5112 is the 3466th highest performer in Australia in this respect.
The five-year average increase in median property values for Elizabeth Grove,5112 has given property investors a potential capital gain of -1.15% across each of those five years.
Sellers are offering property buyers an average discount of -12.77% to buyers in Elizabeth Grove at the moment, which is less than average for the rest of SA.
In the last year 28 properties changed hands in Elizabeth Grove, which puts it as the 312th most active market in SA when comparing the number of sales per suburb.
Using the current median advertised rental of $251 and the average annual increase in value of a median property of 3.69%, investors should hope to achieve an overall return of 6.07%
Elizabeth Grove has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 3.45% to date .
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 stayed pretty constant when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.04% to buyers in Elizabeth Grove at the moment, which is less than average for the rest of SA.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.