Property investors who have had real estate in Henley Beach, 5022 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.24%
Henley Beach,5022 has offered an average of 0.24% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Henley Beach is giving property investors an average Vendor Discount of around -4.45%. This puts suburb at number 313th in SA when ranking the most discounted suburbs.
Henley Beach is 346th on a list of best yielding suburbs for rents in SA with a 3.06% return
Investment property in Henley Beach has done 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 -20.80%
While Henley Beach,5022 ranked number 135th in SA for increase in median house value (annualised) increase, it is ranked 141th over the last 5 years.
Property investors looking for a bargain in Henley Beach should be aiming for at least -7.85% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.
With the median price for a house in Henley Beach being $447500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.07%