Over the last year, property investments in Crafers, 5152 have given investors a capital gain of 8.43%. This compares favourably with the 2.92% for SA as a whole.
While Crafers,5152 ranked number 82th in SA for increase in median house value (annualised) increase, it is ranked 106th over the last 5 years.
Property investors looking for a bargain in Crafers should be aiming for at least -5.41% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 4.71%, investors should hope to achieve an overall return of 3.62%