SA has seen average median house prices change by 2.82% which means that Henley Beach South, 5022 has done well for property investors by showing a capital gain of 15.28% over the last year
Across a shorter period, Henley Beach South, 5022 has seen a median price increase of 9.21% over the last quarter.
Property buyers and investors in Henley Beach South 5022 should be seeing an average reduction in asking price of around -7.23% . This means that Henley Beach South is holding prices well when compared to other suburbs in SA.
In the last year 52 properties changed hands in Henley Beach South, which puts it as the 185th most active market in SA when comparing the number of sales per suburb.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 3.26%, without taking into account capital value appreciation, which has been averaging out at 7.42%.
Henley Beach South, 5022 ranked 181th in SA when comparing growth in median property values or capital gain over the last 12 months. Henley Beach South is one of 853 in our list for SA
Taking the average capital gain, or increase in median house value, Henley Beach South,5022 has racked up an average of -34.44% over the period. This ranks it number 889th in the whole country for real estate investors looking at median house price increases.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.44% offered to property buyers. Sellers in Henley Beach South itself are offering an average vendor discount of -8.25% to real estate investors.
Residents and property investors in Henley Beach South have been waiting around 97.62 days to sell a property.