Mount Gambier has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 5.93% to date .
Mount Gambier,5290 has offered an average of 5.93% return per annum in house price rises to property investors over the last three years.
Mount Gambier5290 is located in SA which offers an average discount of -6.54% to property investors. Mount Gambier itself is showing figures that indicate -6.17% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Mount Gambier the average time real estate has been on the market is 117.35 days.
Investment property in Mount Gambier has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.75%
Mount Gambier,5290 was ranked 114 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -6.71% to buyers in Mount Gambier at the moment, which is less than average for the rest of SA.
Residents and property investors in Mount Gambier have been waiting around 145.83 days to sell a property.
Situated 302.18km from the CBD, Mount Gambier is one of Mount Gambier localities in the postcode 5290.