Property value increases in Hove have tracked lower than the SA average of 3.22% over the last 12 months.
Over the longer term, Hove has seen property prices show investors a 25.74% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Hove is $635000, with sellers offering an average of -6.08% off the asking price.
Situated 11.57km from the CBD, Hove is one of Holdfast Bay localities in the postcode 5048.
At number 90th in the list of Australian suburbs ordered by increase in median house value over the last year, Hove, 5048 is in the top 10% with a property value increase of 21.23% recorded in median house prices.
Comparing Hove,5048 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Hove is offering property investors an average of -6.20. This rate of discount on properties puts Suburb at number 119th in terms of most discounted suburbs in SA
Residents and property investors in Hove have been waiting around 78.33 days to sell a property.
Situated 11.10km from the CBD, Hove is one of Holdfast Bay localities in the postcode 5048.