At number 1621th in the list of Australian suburbs ordered by increase in median house value over the last year, Seacliff Park, 5049 is in the top 40% with a property value increase of 6.39% recorded in median house prices.
Across a shorter period, Seacliff Park, 5049 has seen a median price increase of 0.78% over the last quarter.
At number 177th of SA’s most discounted properties, Seacliff Park is in the middle of the state/territory when listing in order of most discounted to least.
A $385 per week rent on the median house gives suburb investors a gross yield of circa 3.88%, without taking into account capital value appreciation, which has been averaging out at 4.61%.
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 7.69%.
While Seacliff Park,5049 ranked number 92th in SA for increase in median house value (annualised) increase, it is ranked 80th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.20% offered to property buyers. Sellers in Seacliff Park itself are offering an average vendor discount of -5.54% to real estate investors.
The SA suburb of Seacliff Park, 5049 is in the Marion local government area.