Over the last year, property investments in Hectorville, 5073 have given investors a capital gain of 4.63%. This compares averagely with the 2.92% for SA as a whole.
Across a shorter period, Hectorville, 5073 has seen a median price increase of -1.47% over the last quarter.
Hectorville5073 is located in SA which offers an average discount of -6.56% to property investors. Hectorville itself is showing figures that indicate -5.62% is the average achievable by property buyers investing in the suburb.
At number 1730 in a list of fastest selling suburbs, Hectorville is just in the top half of suburbs in Australia with an average of days on market 78.1 for properties listed there.
A $387.5 per week rent on the median house gives suburb investors a gross yield of circa 3.75%, without taking into account capital value appreciation, which has been averaging out at 6.77%.
Hectorville, 5073 ranked 3rd in SA when comparing growth in median property values or capital gain over the last 12 months. Hectorville is one of 853 in our list for SA
Comparing Hectorville,5073 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Hectorville is offering property investors an average of -6.26. This rate of discount on properties puts Suburb at number 129th in terms of most discounted suburbs in SA
Using the current median advertised rental of $285 and the average annual increase in value of a median property of 9.02%, investors should hope to achieve an overall return of 3.41%