Nailsworth has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -3.54% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nailsworth has increased when compared to the 5 year average annual rate.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.13% offered to property buyers. Sellers in Nailsworth itself are offering an average vendor discount of -1.03% to real estate investors.
At number 1140 in a list of fastest selling suburbs, Nailsworth is in the TOP 30% of suburbs in Australia with an average of days on market 57.15 for properties listed there.
With a capital gain of -13.13% for the last 12 months, Nailsworth, 5083 has performed for property investments than its average annual 8.78% property growth over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Nailsworth itself are offering an average vendor discount of -5.83% to real estate investors.
In the last year 13 properties changed hands in Nailsworth, which puts it as the 170th most active market in SA when comparing the number of sales per suburb.
With the median price for a house in Nailsworth being $268000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.43%