SA has seen average median house prices change by 3.56% which means that Golden Grove, 5125 has done well for property investors by showing a capital gain of 4.55% over the last year
Golden Grove,5125 was ranked 2670 in Australia by increase in median property value over the quarter.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.34% offered to property buyers. Sellers in Golden Grove itself are offering an average vendor discount of -5.01% to real estate investors.
Golden Grove, 5125’s gross rental yield is 4.13%
Property investors who have had real estate in Golden Grove, 5125 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.17%
Taking the average capital gain, or increase in median house value, Golden Grove,5125 has racked up an average of -5.17% over the period. This ranks it number 1571th in the whole country for real estate investors looking at median house price increases.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.40% offered to property buyers. Sellers in Golden Grove itself are offering an average vendor discount of -6.06% to real estate investors.
At number 951 in a list of fastest selling suburbs, Golden Grove is in the bottom 40% of suburbs in Australia with an average of days on market 87.84 for properties listed there.
Property investors should expect to get $315 weekly from the median priced house in this suburb.