If you compare the increase in value of investment property in Blakeview, 5114 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 8.47%.
When looking at the potential capital gains offered to property investors over the last 3 years, Blakeview comes in at number 359th in SA.
LACK OF BUYER INTEREST may well be the reason that Blakeview is offering property investors an average of -6.54. This rate of discount on properties puts Suburb at number 178th in terms of most discounted suburbs in SA
At number 3073 in a list of fastest selling suburbs, Blakeview is in the bottom 20% of suburbs in Australia with an average of days on market 116.36 for properties listed there.
A $307.5 per week rent on the median house gives suburb investors a gross yield of circa 5.00%, without taking into account capital value appreciation, which has been averaging out at 3.95%.
If we look at median property appreciation over just the last three months, Blakeview has given property investors a paper return of -1.77%. This puts Suburb as 133 on a list of fastest fasting appreciating suburbs in SA