SA has seen average median house prices change by 3.04% which means that North Haven, 5018 has done well for property investors by showing a capital gain of -1.95% over the last year
While North Haven,5018 ranked number 290th in SA for increase in median house value (annualised) increase, it is ranked 293th over the last 5 years.
The most recent median price for North Haven is $426500, with sellers offering an average of -7.40% off the asking price.
On average over the past year, suburb has had 6.33 sales per month, which equates to 76 per year.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.75%, without taking into account capital value appreciation, which has been averaging out at 2.43%.
With a capital gain of 23.18% for the last 12 months, North Haven, 5018 has performed for property investments than its average annual 6.11% property growth over the last 5 years.
The five-year average increase in median property values for North Haven,5018 has given property investors a potential capital gain of 5.68% across each of those five years.
Vendor discounting in North Haven is giving property investors an average Vendor Discount of around -6.26%. This puts suburb at number 64th in SA when ranking the most discounted suburbs.
On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 6.11%, investors should hope to achieve an overall return of 3.91%