If you compare the increase in value of investment property in Mile End, 5031 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 1.80%.
Over the longer term, Mile End has seen property prices show investors a 8.18% return over the last 3 years. This is worse than over the last 12 months
Residents and property investors in Mile End have been waiting around 36.66 days to sell a property.
Property investors should expect to get $435 weekly from the median priced house in this suburb.
Giving property investors a an unimpressive capital gain of -4.43% for the last year, Mile End, 5031 is the 1162th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Mile End has given property investors a paper return of -5.59%. This puts Suburb as 92 on a list of fastest fasting appreciating suburbs in SA
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mile End, 5031. Typically our figures indicate that -8.07% is being offered, which puts this SA suburb at 336th most discounted overall in Australia.
Often selling an investment property can take time, and in Mile End the average time real estate has been on the market is 29 days.
Property investors should expect to get $300 weekly from the median priced house in this suburb.