Property investors who have had real estate in Elizabeth Downs, 5113 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.00%
Across a shorter period, Elizabeth Downs, 5113 has seen a median price increase of -1.25% over the last quarter.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.30% offered to property buyers. Sellers in Elizabeth Downs itself are offering an average vendor discount of -7.68% to real estate investors.
Often selling an investment property can take time, and in Elizabeth Downs the average time real estate has been on the market is 85.61 days.
Elizabeth Downs, 5113’s gross rental yield is 6.83%
Investment property in Elizabeth Downs has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -15.16%
Comparing Elizabeth Downs,5113 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -9.50% to buyers in Elizabeth Downs at the moment, which is less than average for the rest of SA.