Investment property in Holden Hill has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.48%
Holden Hill,5088 was ranked 2108 in Australia by increase in median property value over the quarter.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.34% offered to property buyers. Sellers in Holden Hill itself are offering an average vendor discount of -7.01% to real estate investors.
At number 1886 in a list of fastest selling suburbs, Holden Hill is just in the top half of suburbs in Australia with an average of days on market 77.82 for properties listed there.
Using the current median advertised rental of $325 and the average annual increase in value of a median property of 6.12%, investors should hope to achieve an overall return of 4.39%
If you compare the increase in value of investment property in Holden Hill, 5088 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -12.23%.
Comparing Holden Hill,5088 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Our latest figures would indicate that property sellers in Holden Hill are currently offering property investors an average price cut of -7.15% below the asking price at the moment.
In the last year 15 properties changed hands in Holden Hill, which puts it as the 140th most active market in SA when comparing the number of sales per suburb.
Holden Hill is 21th on a list of best yielding suburbs for rents in SA with a 6.33% return