At number 2254th in the list of Australian suburbs ordered by increase in median house value over the last year, Hope Valley, 5090 is in the BOTTOM 50% with a property value increase of 3.72% recorded in median house prices.
A 14.37% growth in median value for property investors in Hope Valley,5090 puts this suburb at number 191th in terms of best performing suburbs in SA
LACK OF BUYER INTEREST may well be the reason that Hope Valley is offering property investors an average of -6.56. This rate of discount on properties puts Suburb at number 216th in terms of most discounted suburbs in SA
Often selling an investment property can take time, and in Hope Valley the average time real estate has been on the market is 47.48 days.
Property investors should expect to get $340 weekly from the median priced house in this suburb.
Property investors who have had real estate in Hope Valley, 5090 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.36%
If we look at median property appreciation over just the last three months, Hope Valley has given property investors a paper return of -0.38%. This puts Suburb as 102 on a list of fastest fasting appreciating suburbs in SA
Our latest figures would indicate that property sellers in Hope Valley are currently offering property investors an average price cut of -6.25% below the asking price at the moment.
Using the current median advertised rental of $295 and the average annual increase in value of a median property of 3.40%, investors should hope to achieve an overall return of 5.44%