Robe has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 2.03% to date .
While Robe,5276 ranked number 100th in SA for increase in median house value (annualised) increase, it is ranked 353th 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 -6.51% offered to property buyers. Sellers in Robe itself are offering an average vendor discount of -8.82% to real estate investors.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 4.46%, without taking into account capital value appreciation, which has been averaging out at 2.12%.