With a capital gain of 2.33% for the last 12 months, Elizabeth Grove, 5112 has performed for property investments than its average annual 2.27% property growth over the last 5 years.
Over the longer term, Elizabeth Grove has seen property prices show investors a 12.82% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Elizabeth Grove is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 192th in terms of most discounted suburbs in SA
Elizabeth Grove, 5112’s gross rental yield is 6.16%
SA has seen average median house prices change by 3.57% which means that Elizabeth Grove, 5112 has done well for property investors by showing a capital gain of 2.03% over the last year
Across a shorter period, Elizabeth Grove, 5112 has seen a median price increase of 2.72% over the last quarter.
Sellers are offering property buyers an average discount of -5.10% to buyers in Elizabeth Grove at the moment, which is less than average for the rest of SA.
At number 1275 in a list of fastest selling suburbs, Elizabeth Grove is in the bottom 20% of suburbs in Australia with an average of days on market 110.3 for properties listed there.
Elizabeth Grove, 5112’s gross rental yield is 7.58%