Property value increases in Coromandel Valley have tracked lower than the SA average of 2.55% over the last 12 months.
Taking the average capital gain, or increase in median house value, Coromandel Valley,5051 has racked up an average of -4.06% over the period. This ranks it number 3032th in the whole country for real estate investors looking at median house price increases.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.20% offered to property buyers. Sellers in Coromandel Valley itself are offering an average vendor discount of -4.38% to real estate investors.
Advertised rents are around the $450 mark per week – giving a return of 4.60% based on the median price in Suburb