Giving property investors a a solid capital gain of 14.44% for the last year, Solomontown, 5540 is the 265th highest performer in Australia in this respect.
A -12.71% growth in median value for property investors in Solomontown,5540 puts this suburb at number 11th in terms of best performing suburbs in SA
Our latest figures would indicate that property sellers in Solomontown are currently offering property investors an average price cut of -12.16% below the asking price at the moment.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
A $200 per week rent on the median house gives suburb investors a gross yield of circa 10.10%, without taking into account capital value appreciation, which has been averaging out at -4.21%.