Property investors enjoyed capital gains of 12.4% over the last 12 months in GOOLWA SOUTH, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 2.76% growth over a ten-year period. It ranks 2641st on our list of suburbs that property investors should look into.
GOOLWA SOUTH, 5214 has a capital gain of 12.4% for the past year, which is higher than average compared to its 19.3% growth within a five-year period.
With the median home price in GOOLWA SOUTH sitting at $340,000, and the average rent at $280, property owners could potentially earn a 4.28% increase in gross rental yield.
A 12.4% increase in median property prices in GOOLWA SOUTH, 5214 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 71st.
Figures from the previous quarter show that capital gains for real estate buyers in GOOLWA SOUTH are high, as opposed to average gains per annum over the past five years.
GOOLWA SOUTH, 5214 in SA belongs to the local government area of Alexandrina.