Giving property investors a an average capital gain of 5.82% for the last year, Elizabeth Downs, 5113 is the 2207th highest performer in Australia in this respect.
While Elizabeth Downs,5113 ranked number 89th in SA for increase in median house value (annualised) increase, it is ranked 350th over the last 5 years.
At number 86th of SA’s most discounted properties, Elizabeth Downs 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 6.67 sales per month, which equates to 80 per year.
A $255 per week rent on the median house gives suburb investors a gross yield of circa 6.63%, without taking into account capital value appreciation, which has been averaging out at 2.92%.
Elizabeth Downs, 5113 ranked 66th in SA when comparing growth in median property values or capital gain over the last 12 months. Elizabeth Downs is one of 853 in our list for SA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Elizabeth Downs has increased when compared to the 5 year average annual rate.
At number 8th of SA’s most discounted properties, Elizabeth Downs is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $220 weekly from the median priced house in this suburb.