Property investors who have had real estate in Burra, 5417 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 23.28%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burra has increased 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 -12.17% is being offered, which puts this SA suburb at 124th most discounted overall in Australia.
With the median price for a house in Burra being $188000 and the advertised rent reaching $240 the gross rental yield for property investors calculates out to be 6.64%