Giving property investors a a poor capital gain of -12.77% for the last year, Little Grove, 6330 is the 3965th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Little Grove has fallen somewhat when compared to the 5 year average annual rate.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.25% offered to property buyers. Sellers in Little Grove itself are offering an average vendor discount of -6.94% to real estate investors.
Often selling an investment property can take time, and in Little Grove the average time real estate has been on the market is 98.5 days.
With the median price for a house in Little Grove being $410000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.57%