Property investors who have had real estate in Ethelton, 5015 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.65%
If we look at median property appreciation over just the last three months, Ethelton has given property investors a paper return of 0.30%. This puts Suburb as 233 on a list of fastest fasting appreciating suburbs in SA
Ethelton5015 is located in SA which offers an average discount of -6.04% to property investors. Ethelton itself is showing figures that indicate -2.14% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Ethelton have been waiting around 72.35 days to sell a property.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 3.48%, investors should hope to achieve an overall return of 4.42%
Ethelton, 5015 ranked 140th in SA when comparing growth in median property values or capital gain over the last 12 months. Ethelton is one of 853 in our list for SA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ethelton has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Ethelton are currently offering property investors an average price cut of -6.27% below the asking price at the moment.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 6.22%.