If you compare the increase in value of investment property in Mccracken, 5211 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 6.11%.
Over the longer term, Mccracken has seen property prices show investors a 5.96% return over the last 3 years. This is an improvement over the last 12 months
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 Mccracken itself are offering an average vendor discount of -6.87% to real estate investors.
Often selling an investment property can take time, and in Mccracken the average time real estate has been on the market is 136.19 days.
Mccracken, 5211’s gross rental yield is 4.29%