With a capital gain of 9.77% for the last 12 months, Seacliff, 5049 has performed for property investments than its average annual 6.97% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Seacliff,5049 has racked up an average of 9.77% over the period. This ranks it number 692th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Seacliff is $702500, with sellers offering an average of -3.86% off the asking price.
Advertised rents are around the $420 mark per week – giving a return of 3.11% based on the median price in Suburb
Over the last year, property investments in Seacliff, 5049 have given investors a capital gain of 36.06%. This compares very favourably with the 3.03% for SA as a whole.
The five-year average increase in median property values for Seacliff,5049 has given property investors a potential capital gain of 43.71% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Seacliff is offering property investors an average of -6.44. This rate of discount on properties puts Suburb at number 86th in terms of most discounted suburbs in SA
Residents and property investors in Seacliff have been waiting around 91.6 days to sell a property.
Property investors should expect to get $320 weekly from the median priced house in this suburb.