With a capital gain of -7.95% for the last 12 months, Old Noarlunga, 5168 has performed for property investments than its average annual 4.87% property growth over the last 5 years.
Comparing Old Noarlunga,5168 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Old Noarlunga itself are offering an average vendor discount of -6.58% to real estate investors.
Often selling an investment property can take time, and in Old Noarlunga the average time real estate has been on the market is 51.04 days.
Using the current median advertised rental of $312.5 and the average annual increase in value of a median property of 4.87%, investors should hope to achieve an overall return of 4.80%