Over the last year, property investments in Elizabeth South, 5112 have given investors a capital gain of 7.14%. This compares favourably with the 3.22% for SA as a whole.
The five-year average increase in median property values for Elizabeth South,5112 has given property investors a potential capital gain of 12.50% across each of those five years.
Property investors looking for a bargain in Elizabeth South should be aiming for at least -6.54% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 43 properties changed hands in Elizabeth South, which puts it as the 231th most active market in SA when comparing the number of sales per suburb.
Property investors should expect to get $255 weekly from the median priced house in this suburb.
Investment property in Elizabeth South has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.44%
Elizabeth South,5112 has offered an average of -1.44% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.37% offered to property buyers. Sellers in Elizabeth South itself are offering an average vendor discount of -6.68% to real estate investors.
Often selling an investment property can take time, and in Elizabeth South the average time real estate has been on the market is 64.63 days.