Over the last year, property investments in Grange, 5022 have given investors a capital gain of -0.69%. This compares badly with the 2.14% for SA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Grange comes in at number 130th in SA.
The most recent median price for Grange is $720000, with sellers offering an average of -5.43% off the asking price.
In the last year 85 properties changed hands in Grange, which puts it as the 72th most active market in SA when comparing the number of sales per suburb.
Advertised rents are around the $480 mark per week – giving a return of 3.47% based on the median price in Suburb
Grange, 5022 ranked 155th in SA when comparing growth in median property values or capital gain over the last 12 months. Grange is one of 853 in our list for SA
A -25.22% growth in median value for property investors in Grange,5022 puts this suburb at number 19th in terms of best performing suburbs in SA
Property investors looking for a bargain in Grange should be aiming for at least -5.21% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $16380 per annum or $315 every week.