If you compare the increase in value of investment property in Seacliff Park, 5049 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -4.30%.
The five-year average increase in median property values for Seacliff Park,5049 has given property investors a potential capital gain of 4.81% across each of those five years.
At number 265th of SA’s most discounted properties, Seacliff Park is in the TOP 40% of the state/territory when listing in order of most discounted to least.
In the last year 46 properties changed hands in Seacliff Park, which puts it as the 205th most active market in SA when comparing the number of sales per suburb.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 4.19%, without taking into account capital value appreciation, which has been averaging out at 2.98%.
Over the last year, property investments in Seacliff Park, 5049 have given investors a capital gain of -0.86%. This compares badly with the 3.61% for SA as a whole.
While Seacliff Park,5049 ranked number 105th in SA for increase in median house value (annualised) increase, it is ranked 82th over the last 5 years.
Property buyers and investors in Seacliff Park 5049 should be seeing an average reduction in asking price of around -7.61% . This means that Seacliff Park is holding prices well when compared to other suburbs in SA.
Situated 10.91km from the CBD, Seacliff Park is one of Marion localities in the postcode 5049.