Investment property in Jamestown has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -24.63%
While Jamestown,5491 ranked number 233th in SA for increase in median house value (annualised) increase, it is ranked 415th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Jamestown, 5491. Typically our figures indicate that -4.17% is being offered, which puts this SA suburb at 1369th most discounted overall in Australia.
Using the current median advertised rental of $230 and the average annual increase in value of a median property of -1.87%, investors should hope to achieve an overall return of 7.89%