Elizabeth Vale has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -1.06% to date .
Taking the average capital gain, or increase in median house value, Elizabeth Vale,5112 has racked up an average of -1.06% over the period. This ranks it number 2847th in the whole country for real estate investors looking at median house price increases.
At number 45th of SA’s most discounted properties, Elizabeth Vale is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Elizabeth Vale have been waiting around 85.54 days to sell a property.
Elizabeth Vale is 35th on a list of best yielding suburbs for rents in SA with a 6.04% return
Over the last year, property investments in Elizabeth Vale, 5112 have given investors a capital gain of -10.74%. This compares very badly with the 3.52% for SA as a whole.
Across a shorter period, Elizabeth Vale, 5112 has seen a median price increase of 0.21% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Elizabeth Vale is offering property investors an average of -6.37. This rate of discount on properties puts Suburb at number 100th in terms of most discounted suburbs in SA
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.