SA has seen average median house prices change by 2.10% which means that Greenacres, 5086 has done well for property investors by showing a capital gain of -5.05% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Greenacres has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Greenacres should be aiming for at least -7.71% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Greenacres have been waiting around 73.0385 days to sell a property.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 2.31%, investors should hope to achieve an overall return of 4.61%