If you compare the increase in value of investment property in Normanville, 5204 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 2.19%.
Normanville,5204 has offered an average of 2.19% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Normanville should be aiming for at least -5.55% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 3.10%, investors should hope to achieve an overall return of 5.20%