Giving property investors a an unimpressive capital gain of 2.83% for the last year, Mile End, 5031 is the 2599th highest performer in Australia in this respect.
Comparing Mile End,5031 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.08% offered to property buyers. Sellers in Mile End itself are offering an average vendor discount of -1.87% to real estate investors.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
SA has seen average median house prices change by 3.57% which means that Mile End, 5031 has done well for property investors by showing a capital gain of 21.57% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mile End has increased when compared to the 5 year average annual rate.
Property buyers and investors in Mile End 5031 should be seeing an average reduction in asking price of around -6.72% . This means that Mile End is holding prices well when compared to other suburbs in SA.
Mile End is 167th on a list of best yielding suburbs for rents in SA with a 3.86% return