If you compare the increase in value of investment property in West Beach, 5024 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 2.63%.
If we look at median property appreciation over just the last three months, West Beach has given property investors a paper return of -3.33%. This puts Suburb as 376 on a list of fastest fasting appreciating suburbs in SA
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.51% offered to property buyers. Sellers in West Beach itself are offering an average vendor discount of -5.93% to real estate investors.
The SA suburb of West Beach, 5024 is in the Charles Sturt local government area.
With a capital gain of -5.81% for the last 12 months, West Beach, 5024 has performed for property investments than its average annual 6.00% property growth over the last 5 years.
Comparing West Beach,5024 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
West Beach, 5024 is offering SA ‘s 49th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this SA.