Mount Compass

MOUNT COMPASS, 5210 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in SA have risen as a whole, pulling MOUNT COMPASS, 5210 values up and netting property investors a capital gain of 1.49% for the past year.

Investors saw the median home price rise to $485,000.

Profits due to an upward trend in home prices in the suburb averaged 4.4% per annum over a 3-year period.

MOUNT COMPASS now ranks at the 175th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in MOUNT COMPASS are high, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MOUNT COMPASS, homes and units usually stay on listing for an average of 48.0 days.

In 2016, 39 properties were sold in MOUNT COMPASS during the past year, making it the 196th most active market in SA based on total real estate transactions.