Solomontown has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 46.90% to date .
While Solomontown,5540 ranked number 326th in SA for increase in median house value (annualised) increase, it is ranked 2nd over the last 5 years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.51% offered to property buyers. Sellers in Solomontown itself are offering an average vendor discount of -14.07% to real estate investors.
Property investors should expect to get $220 weekly from the median priced house in this suburb.