If you compare the increase in value of investment property in Burra, 5417 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -4.56%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burra has fallen somewhat when compared to the 5 year average annual rate.
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 Burra, 5417. Typically our figures indicate that -11.72% is being offered, which puts this SA suburb at 196th most discounted overall in Australia.
A $245 per week rent on the median house gives suburb investors a gross yield of circa 7.16%, without taking into account capital value appreciation, which has been averaging out at 2.00%.