Investment property in Mount Gambier has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.96%
Mount Gambier,5290 was ranked 2980 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Mount Gambier should be aiming for at least -4.68% off the asking price, which is the average vendor discount being achieved at the moment.
Mount Gambier has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of -1.44% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Gambier comes in at number 20th in SA.
Mount Gambier, 5290 is offering SA ‘s 3rd most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this SA.
At number 1251 in a list of fastest selling suburbs, Mount Gambier is in the bottom 10% of suburbs in Australia with an average of days on market 132.361 for properties listed there.