SA has seen average median house prices change by 3.35% which means that New Town, 5554 has done well for property investors by showing a capital gain of 8.70% over the last year
A 1.77% growth in median value for property investors in New Town,5554 puts this suburb at number 137th in terms of best performing suburbs in SA
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 New Town, 5554. Typically our figures indicate that -7.11% is being offered, which puts this SA suburb at 1143th most discounted overall in Australia.
A $287.5 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 4.99%.