Renmark, 5341 ranked 432th in SA when comparing growth in median property values or capital gain over the last 12 months. Renmark is one of 853 in our list for SA
Comparing Renmark,5341 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Renmark, 5341. Typically our figures indicate that -5.21% is being offered, which puts this SA suburb at 2386th most discounted overall in Australia.
Often selling an investment property can take time, and in Renmark the average time real estate has been on the market is 94.04 days.
A $212.5 per week rent on the median house gives suburb investors a gross yield of circa 6.14%, without taking into account capital value appreciation, which has been averaging out at 1.93%.
In the last year 13 properties changed hands in Renmark, which puts it as the 168th most active market in SA when comparing the number of sales per suburb.
Property investors should expect to get $170 weekly from the median priced house in this suburb.