SA has seen average median house prices change by 2.82% which means that Elizabeth South, 5112 has done well for property investors by showing a capital gain of 4.10% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Elizabeth South comes in at number 133th in SA.
Property buyers and investors in Elizabeth South 5112 should be seeing an average reduction in asking price of around -7.55% . This means that Elizabeth South is holding prices well when compared to other suburbs in SA.
Elizabeth South, 5112’s gross rental yield is 6.04%
Over the last year, property investments in Elizabeth South, 5112 have given investors a capital gain of -6.38%. This compares badly with the 3.03% for SA as a whole.
Across a shorter period, Elizabeth South, 5112 has seen a median price increase of -5.04% over the last quarter.
Sellers are offering property buyers an average discount of -7.90% to buyers in Elizabeth South at the moment, which is less than average for the rest of SA.
A $220 per week rent on the median house gives suburb investors a gross yield of circa 8.67%, without taking into account capital value appreciation, which has been averaging out at 2.22%.