Property investors enjoyed capital gains of 6.26% over the last 12 months in MYPONGA, translating to lower returns compared with its peers in SA.
Figures from the previous quarter show that capital gains for real estate buyers in MYPONGA are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.
On average, rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in MYPONGA.
MYPONGA, 5202 ranks 354th in SA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 469th on the list of best yielding suburbs for rental properties in SA, posting a N/A return.