SA has seen average median house prices change by 2.10% which means that Mount Gambier, 5290 has done well for property investors by showing a capital gain of 3.02% over the last year
A 10.82% growth in median value for property investors in Mount Gambier,5290 puts this suburb at number 218th in terms of best performing suburbs in SA
Sellers are offering property buyers an average discount of -6.67% to buyers in Mount Gambier at the moment, which is less than average for the rest of SA.
At number 3296 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 121.381 for properties listed there.
Advertised rents are around the $270 mark per week – giving a return of 5.48% based on the median price in Suburb
Over the last year, property investments in Mount Gambier, 5290 have given investors a capital gain of 20.22%. This compares very favourably with the 1.05% for SA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Gambier comes in at number 7th in SA.
At number 29th of SA’s most discounted properties, Mount Gambier is in the middle of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Mount Gambier the average time real estate has been on the market is 134.893 days.
Mount Gambier, 5290’s gross rental yield is 5.20%