With a capital gain of 0.00% for the last 12 months, Bordertown, 5268 has performed for property investments than its average annual -0.72% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bordertown has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bordertown, 5268. Typically our figures indicate that -10.09% is being offered, which puts this SA suburb at 55th most discounted overall in Australia.
Often selling an investment property can take time, and in Bordertown the average time real estate has been on the market is 111.297 days.
Bordertown, 5268’s gross rental yield is 7.61%
Information supplied by:
Housing stock slips
Median house price: $157,500
Stock on market: -14.4%
12-month growth: 17.5%
Known as the birthplace of former Australian prime minister Bob Hawke, the suburb of Bordertown is situated near the border between Victoria and South Australia. It was established during the gold rush in the 1850s.
Attractions in the area include the Bordertown Recreation Lake, which is a popular picnic area and fishing spot. There is also a skate park for the youth. In the Bordertown Wildlife Park, visitors can watch kangaroos, wallabies and birds in their natural habitats – particularly the rare white kangaroo.
Bordertown serves as the administrative and commercial centre of the Tatiara District Council. Commuters can reach Adelaide by bus. Over May 2018-2019, house supply dropped from 96 to 82.