SA has seen average median house prices change by 4.16% which means that Renmark, 5341 has done well for property investors by showing a capital gain of 16.85% over the last year
If we look at median property appreciation over just the last three months, Renmark has given property investors a paper return of -1.38%. This puts Suburb as 332 on a list of fastest fasting appreciating suburbs in SA
The most recent median price for Renmark is $215000, with sellers offering an average of -4.99% off the asking price.
When looking at the potential capital gains offered to property investors over the last 3 years, Renmark comes in at number 1st in SA.
On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.
Property investors should expect to get $180 weekly from the median priced house in this suburb.