With a capital gain of -9.14% for the last 12 months, Southern River, 6110 has performed for property investments than its average annual 6.48% property growth over the last 5 years.
Southern River,6110 has offered an average of -9.14% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Southern River should be aiming for at least -7.55% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 9.75 sales per month, which equates to 117 per year.
Using the current median advertised rental of $427.5 and the average annual increase in value of a median property of 6.48%, investors should hope to achieve an overall return of 4.14%