Investment property in Loxton has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.53%
If we look at median property appreciation over just the last three months, Loxton has given property investors a paper return of -6.52%. This puts Suburb as 422 on a list of fastest fasting appreciating suburbs in SA
Property investors looking for a bargain in Loxton should be aiming for at least -5.89% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
With the median price for a house in Loxton being $99000 and the advertised rent reaching $200 the gross rental yield for property investors calculates out to be 10.51%