With a capital gain of -9.27% for the last 12 months, South Arm, 7022 has performed for property investments than its average annual 4.57% property growth over the last 5 years.
Over the longer term, South Arm has seen property prices show investors a 6.02% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in South Arm should be aiming for at least -4.88% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1520 in a list of fastest selling suburbs, South Arm is just in the top half of suburbs in Australia with an average of days on market 71.71 for properties listed there.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 4.57%, investors should hope to achieve an overall return of 4.72%