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 6.03%.
If we look at median property appreciation over just the last three months, Hectorville has given property investors a paper return of 6.34%. This puts Suburb as 53 on a list of fastest fasting appreciating suburbs in SA
Vendor discounting in Hectorville is giving property investors an average Vendor Discount of around -5.52%. This puts suburb at number 245th in SA when ranking the most discounted suburbs.
In the last year 55 properties changed hands in Hectorville, which puts it as the 171th most active market in SA when comparing the number of sales per suburb.
Advertised rents are around the $395 mark per week – giving a return of 3.77% based on the median price in Suburb
Property investors who have had real estate in Hectorville, 5073 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 21.88%
Hectorville,5073 has offered an average of 21.88% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Hectorville 5073 should be seeing an average reduction in asking price of around -5.84% . This means that Hectorville is holding prices well when compared to other suburbs in SA.
At number 343 in a list of fastest selling suburbs, Hectorville is in the TOP 30% of suburbs in Australia with an average of days on market 56.81 for properties listed there.
Hectorville is 172th on a list of best yielding suburbs for rents in SA with a 3.87% return