Seacliff Park has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of 1.29% to date .
Comparing Seacliff Park,5049 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Seacliff Park are currently offering property investors an average price cut of -6.41% below the asking price at the moment.
On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.
Property investors should expect to get $395 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Seacliff Park, 5049 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 5.04%.
The five-year average increase in median property values for Seacliff Park,5049 has given property investors a potential capital gain of 6.48% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Seacliff Park is offering property investors an average of -6.26. This rate of discount on properties puts Suburb at number 52th in terms of most discounted suburbs in SA
In the last year 20 properties changed hands in Seacliff Park, which puts it as the 98th most active market in SA when comparing the number of sales per suburb.
Property investors should expect to get $292.5 weekly from the median priced house in this suburb.