With a capital gain of 5.60% for the last 12 months, Mount Gambier, 5290 has performed for property investments than its average annual 1.51% property growth over the last 5 years.
A 12.34% growth in median value for property investors in Mount Gambier,5290 puts this suburb at number 110th in terms of best performing suburbs in SA
LACK OF BUYER INTEREST may well be the reason that Mount Gambier is offering property investors an average of -6.51. This rate of discount on properties puts Suburb at number 85th in terms of most discounted suburbs in SA
At number 3347 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 121.753 for properties listed there.
Property investors should expect to get $270 weekly from the median priced house in this suburb.
SA has seen average median house prices change by -1.70% which means that Mount Gambier, 5290 has not done well for property investors by showing a capital gain of -8.33% over the last year
Comparing Mount Gambier,5290 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.06% offered to property buyers. Sellers in Mount Gambier itself are offering an average vendor discount of -6.79% to real estate investors.
Situated 376.61km from the CBD, Mount Gambier is one of Mount Gambier (C) localities in the postcode 5290.