CHELTENHAM ranks 443rd in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -0.11% for the past year is lower than average compared to its 24.52% growth within a five-year period.
Also in CHELTENHAM, the median home price is sitting at $449,500, and the average rent at $380, this suggests property owners could potentially earn a 4.4% increase in gross rental yield.
Property investors have seen a 0% gain in CHELTENHAM based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.24% growth over a ten-year period. It ranks 2307th on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in CHELTENHAM, 5014 translates to a N/A capital gain.
CHELTENHAM, 5014 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $288,750.
Real estate investors could earn a rental income of $260 based on current median home prices for the suburb.
Home owners selling their properties and realtors in CHELTENHAM usually have to wait an average of 106.7 days days before their assets are lifted off the market.
CHELTENHAM ranks 90th on the list of best yielding suburbs for rental properties in SA, posting a 4.68% return.