If you compare the increase in value of investment property in Mount Gambier, 5290 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 4.17%.
Over the longer term, Mount Gambier has seen property prices show investors a 7.76% return over the last 3 years. This is worse than over the last 12 months
Mount Gambier5290 is located in SA which offers an average discount of -6.55% to property investors. Mount Gambier itself is showing figures that indicate -6.24% is the average achievable by property buyers investing in the suburb.
The SA suburb of Mount Gambier, 5290 is in the Mount Gambier local government area.
Property value increases in Mount Gambier have tracked just higher than the SA average of 3.03% over the last 12 months.
Comparing Mount Gambier,5290 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.44% offered to property buyers. Sellers in Mount Gambier itself are offering an average vendor discount of -6.21% to real estate investors.
A $195 per week rent on the median house gives suburb investors a gross yield of circa 5.79%, without taking into account capital value appreciation, which has been averaging out at 2.11%.