With a capital gain of 6.04% for the last 12 months, Seacliff Park, 5049 has performed for property investments than its average annual 4.23% property growth over the last 5 years.
Across a shorter period, Seacliff Park, 5049 has seen a median price increase of 1.80% over the last quarter.
Sellers are offering property buyers an average discount of -6.31% to buyers in Seacliff Park at the moment, which is less than average for the rest of SA.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 4.23%, investors should hope to achieve an overall return of 3.88%
SA has seen average median house prices change by 4.28% which means that Seacliff Park, 5049 has done well for property investors by showing a capital gain of 14.10% over the last year
The five-year average increase in median property values for Seacliff Park,5049 has given property investors a potential capital gain of 22.11% across each of those five years.
Sellers are offering property buyers an average discount of -5.23% to buyers in Seacliff Park at the moment, which is less than average for the rest of SA.
In the last year 22 properties changed hands in Seacliff Park, which puts it as the 99th most active market in SA when comparing the number of sales per suburb.
A $287.5 per week rent on the median house gives suburb investors a gross yield of circa 4.30%, without taking into account capital value appreciation, which has been averaging out at 4.78%.