Klemzig, 5087 ranked 230th in SA when comparing growth in median property values or capital gain over the last 12 months. Klemzig is one of 853 in our list for SA
If we look at median property appreciation over just the last three months, Klemzig has given property investors a paper return of 0.44%. This puts Suburb as 252 on a list of fastest fasting appreciating suburbs in SA
Our latest figures would indicate that property sellers in Klemzig are currently offering property investors an average price cut of -7.79% below the asking price at the moment.
At number 1596 in a list of fastest selling suburbs, Klemzig is just in the top half of suburbs in Australia with an average of days on market 71.02 for properties listed there.
With the median price for a house in Klemzig being $517250 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.62%
If you compare the increase in value of investment property in Klemzig, 5087 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 4.09%.
Across a shorter period, Klemzig, 5087 has seen a median price increase of -8.40% over the last quarter.
Property buyers and investors in Klemzig 5087 should be seeing an average reduction in asking price of around -6.99% . This means that Klemzig is holding prices well when compared to other suburbs in SA.
Renters in Suburb are facing rents around $3240 per annum or $270 every week.