Over the last year, property investments in Mount Gambier, 5290 have given investors a capital gain of 4.08%. This compares averagely with the 3.56% for SA as a whole.
If we look at median property appreciation over just the last three months, Mount Gambier has given property investors a paper return of 2.00%. This puts Suburb as 174 on a list of fastest fasting appreciating suburbs in SA
Vendor discounting in Mount Gambier is giving property investors an average Vendor Discount of around -5.75%. This puts suburb at number 209th in SA when ranking the most discounted suburbs.
With the median price for a house in Mount Gambier being $255000 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 5.30%
Mount Gambier, 5290 ranked 52th in SA when comparing growth in median property values or capital gain over the last 12 months. Mount Gambier is one of 853 in our list for SA
Taking the average capital gain, or increase in median house value, Mount Gambier,5290 has racked up an average of 8.44% over the period. This ranks it number 318th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Mount Gambier is $173500, with sellers offering an average of -6.98% off the asking price.
At number 1396 in a list of fastest selling suburbs, Mount Gambier is in the bottom 10% of suburbs in Australia with an average of days on market 135.97 for properties listed there.