SA has seen average median house prices change by 3.87% which means that Mannum, 5238 has done well for property investors by showing a capital gain of 2.17% over the last year
If we look at median property appreciation over just the last three months, Mannum has given property investors a paper return of -6.93%. This puts Suburb as 407 on a list of fastest fasting appreciating suburbs in SA
Sellers are offering property buyers an average discount of -10.16% to buyers in Mannum at the moment, which is less than average for the rest of SA.
A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.53%, without taking into account capital value appreciation, which has been averaging out at 2.73%.