Investment property in Henley Beach South has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.19%
Over the longer term, Henley Beach South has seen property prices show investors a 20.66% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Henley Beach South is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 160th in terms of most discounted suburbs in SA
A $520 per week rent on the median house gives suburb investors a gross yield of circa 3.34%, without taking into account capital value appreciation, which has been averaging out at 7.95%.
At number 15th in the list of Australian suburbs ordered by increase in median house value over the last year, Henley Beach South, 5022 is in the top 10% with a property value increase of 38.38% recorded in median house prices.
While Henley Beach South,5022 ranked number 102th in SA for increase in median house value (annualised) increase, it is ranked 1st over the last 5 years.
The most recent median price for Henley Beach South is $607500, with sellers offering an average of -6.85% off the asking price.
With the median price for a house in Henley Beach South being $607500 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 2.48%