Property investors who have had real estate in Wayville, 5034 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 decrease in value by -3.28%
Taking the average capital gain, or increase in median house value, Wayville,5034 has racked up an average of -3.28% over the period. This ranks it number 2148th in the whole country for real estate investors looking at median house price increases.
Over the last year, property investments in Wayville, 5034 have given investors a capital gain of 4.88%. This compares averagely with the 4.44% for SA as a whole.
While Wayville,5034 ranked number 36th in SA for increase in median house value (annualised) increase, it is ranked 7th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wayville, 5034. Typically our figures indicate that -4.28% is being offered, which puts this SA suburb at 994th most discounted overall in Australia.
With the median price for a house in Wayville being $430000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.23%