At number 1396th in the list of Australian suburbs ordered by increase in median house value over the last year, Normanville, 5204 is in the top 40% with a property value increase of 1.67% recorded in median house prices.
A -2.01% growth in median value for property investors in Normanville,5204 puts this suburb at number 202th in terms of best performing suburbs in SA
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.73% offered to property buyers. Sellers in Normanville itself are offering an average vendor discount of -6.16% to real estate investors.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 1.98%, investors should hope to achieve an overall return of 4.70%