Over the last year, property investments in Seaview Downs, 5049 have given investors a capital gain of -0.53%. This compares badly with the 3.22% for SA as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Seaview Downs has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Seaview Downs should be aiming for at least -6.75% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Seaview Downs being $465000 and the advertised rent reaching $387.5 the gross rental yield for property investors calculates out to be 4.33%