Property value increases in Craigmore have tracked just lower than the SA average of 3.22% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Craigmore has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Craigmore is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 227th in terms of most discounted suburbs in SA
Residents and property investors in Craigmore have been waiting around 95.82 days to sell a property.
Using the current median advertised rental of $291 and the average annual increase in value of a median property of 2.92%, investors should hope to achieve an overall return of 5.46%