Broadview has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 8.57% to date .
Broadview,5083 has offered an average of 8.57% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.73% offered to property buyers. Sellers in Broadview itself are offering an average vendor discount of -6.25% to real estate investors.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 2.98%, investors should hope to achieve an overall return of 3.60%
Broadview is an average performer in SA when comparing median price capital growth over the last year. Broadview gave property investors a average capital gain figure when compared to the rest of the state, with -2.09%.
When looking at the potential capital gains offered to property investors over the last 3 years, Broadview comes in at number 93th in SA.
Vendor discounting in Broadview is giving property investors an average Vendor Discount of around -6.11%. This puts suburb at number 38th in SA when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.
Property investors should expect to get $310 weekly from the median priced house in this suburb.