Over the last year, property investments in Seacliff Park, 5049 have given investors a capital gain of 2.00%. This compares averagely with the 2.82% for SA as a whole.
Taking the average capital gain, or increase in median house value, Seacliff Park,5049 has racked up an average of 2.00% over the period. This ranks it number 2240th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Seacliff Park is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 211th in terms of most discounted suburbs in SA
Residents and property investors in Seacliff Park have been waiting around 79.66 days to sell a property.
Seacliff Park, 5049’s gross rental yield is 4.03%
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 6.06%.
Seacliff Park,5049 was ranked 828 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -6.56% 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 92th most active market in SA when comparing the number of sales per suburb.
A $292.5 per week rent on the median house gives suburb investors a gross yield of circa 4.35%, without taking into account capital value appreciation, which has been averaging out at 5.38%.