If you compare the increase in value of investment property in Hectorville, 5073 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 7.16%.
While Hectorville,5073 ranked number 72th in SA for increase in median house value (annualised) increase, it is ranked 96th over the last 5 years.
Property buyers and investors in Hectorville 5073 should be seeing an average reduction in asking price of around -5.20% . This means that Hectorville is holding prices well when compared to other suburbs in SA.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.31%, without taking into account capital value appreciation, which has been averaging out at 6.51%.
With a capital gain of 13.50% for the last 12 months, Hectorville, 5073 has performed for property investments than its average annual 6.83% property growth over the last 5 years.
Across a shorter period, Hectorville, 5073 has seen a median price increase of -14.48% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hectorville, 5073. Typically our figures indicate that -7.21% is being offered, which puts this SA suburb at 254th most discounted overall in Australia.
The SA suburb of Hectorville, 5073 is in the Campbelltown local government area.