Investment property in Nuriootpa has done pretty 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 1.59%
Comparing Nuriootpa,5355 ‘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 Nuriootpa, 5355. Typically our figures indicate that -4.13% is being offered, which puts this SA suburb at 3092th most discounted overall in Australia.
Often selling an investment property can take time, and in Nuriootpa the average time real estate has been on the market is 86.96 days.
Using the current median advertised rental of $310 and the average annual increase in value of a median property of 2.66%, investors should hope to achieve an overall return of 5.04%