Stepney is in the TOP 20% in SA when comparing median price capital growth over the last year. Stepney gave property investors a very good capital gain figure when compared to the rest of the state, with 11.04%.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 2.69%, without taking into account capital value appreciation, which has been averaging out at 8.26%.
If we look at median property appreciation over just the last three months, Stepney has given property investors a paper return of 1.04%. This puts Suburb as 83 on a list of fastest fasting appreciating suburbs in SA
In the last year 12 properties changed hands in Stepney, which puts it as the 180th most active market in SA when comparing the number of sales per suburb.