Property value increases in Lobethal have tracked close to the SA average of 2.79% over the last 12 months.
While Lobethal,5241 ranked number 237th in SA for increase in median house value (annualised) increase, it is ranked 175th over the last 5 years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.54% offered to property buyers. Sellers in Lobethal itself are offering an average vendor discount of -7.31% to real estate investors.
On average over the past year, suburb has had 3.83 sales per month, which equates to 46 per year.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 3.17%, investors should hope to achieve an overall return of 4.81%