At number 2626th in the list of Australian suburbs ordered by increase in median house value over the last year, North Haven, 5018 is in the BOTTOM 40% with a property value increase of 1.26% recorded in median house prices.
Comparing North Haven,5018 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in North Haven are currently offering property investors an average price cut of -6.72% below the asking price at the moment.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.72%, without taking into account capital value appreciation, which has been averaging out at 3.16%.
SA has seen average median house prices change by 4.44% which means that North Haven, 5018 has done well for property investors by showing a capital gain of -7.07% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, North Haven comes in at number 109th in SA.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.20% offered to property buyers. Sellers in North Haven itself are offering an average vendor discount of -6.71% to real estate investors.
With the median price for a house in North Haven being $427500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.26%