Giving property investors a a solid capital gain of 12.50% for the last year, Bordertown, 5268 is the 345th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Bordertown,5268 has racked up an average of 12.50% over the period. This ranks it number 1042th in the whole country for real estate investors looking at median house price increases.
At number 154th of SA’s most discounted properties, Bordertown is in the middle of the state/territory when listing in order of most discounted to least.
Bordertown, 5268’s gross rental yield is 7.18%
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.