At number 2756th in the list of Australian suburbs ordered by increase in median house value over the last year, Blakeview, 5114 is in the BOTTOM 40% with a property value increase of -0.88% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Blakeview comes in at number 412th in SA.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.77% offered to property buyers. Sellers in Blakeview itself are offering an average vendor discount of -8.46% to real estate investors.
In the last year 188 properties changed hands in Blakeview, which puts it as the 13th most active market in SA when comparing the number of sales per suburb.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 0.85%, investors should hope to achieve an overall return of 6.26%