Property investors who have had real estate in Mclaren Vale, 5171 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.49%
Taking the average capital gain, or increase in median house value, Mclaren Vale,5171 has racked up an average of 5.49% over the period. This ranks it number 2298th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -7.61% to buyers in Mclaren Vale at the moment, which is less than average for the rest of SA.
On average over the past year, suburb has had 5.83 sales per month, which equates to 70 per year.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.86%, investors should hope to achieve an overall return of 4.21%