Henley Beach has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of 0.67% to date .
While Henley Beach,5022 ranked number 242th in SA for increase in median house value (annualised) increase, it is ranked 12th over the last 5 years.
Sellers are offering property buyers an average discount of -3.73% to buyers in Henley Beach at the moment, which is less than average for the rest of SA.
On average over the past year, suburb has had 7.75 sales per month, which equates to 93 per year.
Advertised rents are around the $485 mark per week – giving a return of 3.04% based on the median price in Suburb
Henley Beach is in the bottom 10% in SA when comparing median price capital growth over the last year. Henley Beach gave property investors a dismal capital gain figure when compared to the rest of the state, with -27.78%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Henley Beach has fallen somewhat when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -7.48% to buyers in Henley Beach at the moment, which is less than average for the rest of SA.