SA has seen average median house prices change by 3.22% which means that Mannum, 5238 has done well for property investors by showing a capital gain of -2.08% over the last year
Taking the average capital gain, or increase in median house value, Mannum,5238 has racked up an average of -2.08% over the period. This ranks it number 2577th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Mannum is $235000, with sellers offering an average of -8.10% off the asking price.
At number 3412 in a list of fastest selling suburbs, Mannum is in the bottom 10% of suburbs in Australia with an average of days on market 134.12 for properties listed there.
Using the current median advertised rental of $250 and the average annual increase in value of a median property of 1.13%, investors should hope to achieve an overall return of 5.53%