Munno Para is in the TOP 10% in SA when comparing median price capital growth over the last year. Munno Para gave property investors a very good capital gain figure when compared to the rest of the state, with 16.36%.
If we look at median property appreciation over just the last three months, Munno Para has given property investors a paper return of 0.20%. This puts Suburb as 241 on a list of fastest fasting appreciating suburbs in SA
The most recent median price for Munno Para is $256000, with sellers offering an average of -7.81% off the asking price.
On average over the past year, suburb has had 5.33 sales per month, which equates to 64 per year.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 6.15%, investors should hope to achieve an overall return of 5.89%