At number 1597th in the list of Australian suburbs ordered by increase in median house value over the last year, Klemzig, 5087 is in the top 40% with a property value increase of 7.81% recorded in median house prices.
Over the longer term, Klemzig has seen property prices show investors a 18.41% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Klemzig is $505000, with sellers offering an average of -5.51% off the asking price.
Residents and property investors in Klemzig have been waiting around 77.1 days to sell a property.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 3.71%, without taking into account capital value appreciation, which has been averaging out at 6.08%.
With a capital gain of 7.00% for the last 12 months, Klemzig, 5087 has performed for property investments than its average annual 5.43% property growth over the last 5 years.
Klemzig,5087 was ranked 352 in Australia by increase in median property value over the 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 Klemzig, 5087. Typically our figures indicate that -6.24% is being offered, which puts this SA suburb at 391th most discounted overall in Australia.
Renters in Suburb are facing rents around $3240 per annum or $270 every week.