Investment property in Greenock 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 -3.61%
Greenock,5360 has offered an average of -3.61% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Greenock is giving property investors an average Vendor Discount of around -7.00%. This puts suburb at number 123th in SA when ranking the most discounted suburbs.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 4.29%, without taking into account capital value appreciation, which has been averaging out at 5.04%.