Over the last year, property investments in Gumeracha, 5233 have given investors a capital gain of 5.84%. This compares favourably with the 3.17% for SA as a whole.
While Gumeracha,5233 ranked number 26th in SA for increase in median house value (annualised) increase, it is ranked 304th over the last 5 years.
Our latest figures would indicate that property sellers in Gumeracha are currently offering property investors an average price cut of -2.27% below the asking price at the moment.
A $335 per week rent on the median house gives suburb investors a gross yield of circa 4.27%, without taking into account capital value appreciation, which has been averaging out at 5.78%.