With a capital gain of 11.51% for the last 12 months, Athelstone, 5076 has performed for property investments than its average annual 2.99% property growth over the last 5 years.
While Athelstone,5076 ranked number 272th in SA for increase in median house value (annualised) increase, it is ranked 227th over the last 5 years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.96% offered to property buyers. Sellers in Athelstone itself are offering an average vendor discount of -3.86% to real estate investors.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 2.99%, investors should hope to achieve an overall return of 3.52%
When looking at the potential capital gains offered to property investors over the last 3 years, Athelstone comes in at number 10th in SA.