Investment property in Hove has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.52%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hove has increased when compared to the 5 year average annual rate.
The SA suburb of Hove, 5048 is in the Holdfast Bay local government area.
If you compare the increase in value of investment property in Hove, 5048 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -14.16%.
Over the longer term, Hove has seen property prices show investors a 15.76% return over the last 3 years. This is worse than over the last 12 months