Peterborough has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -6.25% to date .
If we look at median property appreciation over just the last three months, Peterborough has given property investors a paper return of 2.04%. This puts Suburb as 124 on a list of fastest fasting appreciating suburbs in SA
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.20% offered to property buyers. Sellers in Peterborough itself are offering an average vendor discount of -16.43% to real estate investors.
Often selling an investment property can take time, and in Peterborough the average time real estate has been on the market is 168.89 days.
A $170 per week rent on the median house gives suburb investors a gross yield of circa 11.79%, without taking into account capital value appreciation, which has been averaging out at -1.18%.