At number 1868th in the list of Australian suburbs ordered by increase in median house value over the last year, Augusta, 6290 is in the top half with a property value increase of 7.53% recorded in median house prices.
Over the longer term, Augusta has seen property prices show investors a 0.00% return over the last 3 years. This is an improvement over the last 12 months
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.17% offered to property buyers. Sellers in Augusta itself are offering an average vendor discount of -7.98% to real estate investors.
Residents and property investors in Augusta have been waiting around 106.3 days to sell a property.
Using the current median advertised rental of $365 and the average annual increase in value of a median property of -0.23%, investors should hope to achieve an overall return of 3.80%