Property investors who have had real estate in Echunga, 5153 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 -37.65%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Echunga has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Echunga is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 245th in terms of most discounted suburbs in SA