Golden Grove has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of 1.29% to date .
Taking the average capital gain, or increase in median house value, Golden Grove,5125 has racked up an average of 1.29% over the period. This ranks it number 2252th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Golden Grove, 5125. Typically our figures indicate that -5.08% is being offered, which puts this SA suburb at 2157th most discounted overall in Australia.
In the last year 172 properties changed hands in Golden Grove, which puts it as the 19th most active market in SA when comparing the number of sales per suburb.
Property value increases in Golden Grove have tracked just lower than the SA average of 3.61% over the last 12 months.
A -4.01% growth in median value for property investors in Golden Grove,5125 puts this suburb at number 84th in terms of best performing suburbs in SA
Vendor discounting in Golden Grove is giving property investors an average Vendor Discount of around -5.31%. This puts suburb at number 115th in SA when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $3780 per annum or $315 every week.