Investment property in Felixstow has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.26%
When looking at the potential capital gains offered to property investors over the last 3 years, Felixstow comes in at number 174th in SA.
Felixstow, 5070 is offering SA ‘s 156th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this SA.
On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.
With a capital gain of -3.64% for the last 12 months, Felixstow, 5070 has performed for property investments than its average annual 10.20% property growth 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 -6.30% offered to property buyers. Sellers in Felixstow itself are offering an average vendor discount of -6.29% to real estate investors.
With the median price for a house in Felixstow being $350750 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.45%