At number 1219th in the list of Australian suburbs ordered by increase in median house value over the last year, West Hindmarsh, 5007 is in the top 30% with a property value increase of 10.42% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in West Hindmarsh has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that West Hindmarsh is offering property investors an average of -6.41. This rate of discount on properties puts Suburb at number 368th in terms of most discounted suburbs in SA
Advertised rents are around the $395 mark per week – giving a return of 3.88% based on the median price in Suburb