With a capital gain of 0.45% for the last 12 months, West Beach, 5024 has performed for property investments than its average annual 4.71% property growth over the last 5 years.
The five-year average increase in median property values for West Beach,5024 has given property investors a potential capital gain of 12.27% across each of those five years.
The most recent median price for West Beach is $668000, with sellers offering an average of -7.71% off the asking price.
In the last year 61 properties changed hands in West Beach, which puts it as the 143th most active market in SA when comparing the number of sales per suburb.
West Beach is 295th on a list of best yielding suburbs for rents in SA with a 3.70% return
West Beach has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 12.00% to date .
West Beach,5024 was ranked 82 in Australia by increase in median property value over the quarter.
The most recent median price for West Beach is $371000, with sellers offering an average of -7.81% off the asking price.
At number 492 in a list of fastest selling suburbs, West Beach is in the TOP 40% of suburbs in Australia with an average of days on market 64.79 for properties listed there.
Renters in Suburb are facing rents around $3420 per annum or $285 every week.