Elizabeth South has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -4.98% to date .
Property buyers and investors in Elizabeth South 5112 should be seeing an average reduction in asking price of around -9.22% . This means that Elizabeth South is holding prices well when compared to other suburbs in SA.
At number 2345 in a list of fastest selling suburbs, Elizabeth South is in the bottom 40% of suburbs in Australia with an average of days on market 91.5 for properties listed there.
Property investors should expect to get $265 weekly from the median priced house in this suburb.
Giving property investors a an average capital gain of 2.05% for the last year, Elizabeth South, 5112 is the 1000th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Elizabeth South comes in at number 96th in SA.
At number 38th of SA’s most discounted properties, Elizabeth South is in the bottom 30% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 2.83 sales per month, which equates to 34 per year.
A $215 per week rent on the median house gives suburb investors a gross yield of circa 8.16%, without taking into account capital value appreciation, which has been averaging out at 2.90%.