At number 1918th in the list of Australian suburbs ordered by increase in median house value over the last year, Peterhead, 5016 is in the top half with a property value increase of 5.04% recorded in median house prices.
Peterhead5016 is located in SA which offers an average discount of -6.54% to property investors. Peterhead itself is showing figures that indicate -4.40% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.
With the median price for a house in Peterhead being $365000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.99%
Property value increases in Peterhead have tracked close to the SA average of 4.27% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Peterhead has increased when compared to the 5 year average annual rate.
Peterhead, 5016 is offering SA ‘s 24th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this SA.
The SA suburb of Peterhead, 5016 is in the Port Adelaide Enfield local government area.