At number 4144th in the list of Australian suburbs ordered by increase in median house value over the last year, Solomontown, 5540 is in the BOTTOM 10% with a property value increase of -32.63% recorded in median house prices.
Solomontown,5540 was ranked 4013 in Australia by increase in median property value over the quarter.
Vendor discounting in Solomontown is giving property investors an average Vendor Discount of around -9.12%. This puts suburb at number 35th in SA when ranking the most discounted suburbs.
With the median price for a house in Solomontown being $112500 and the advertised rent reaching $205 the gross rental yield for property investors calculates out to be 9.48%