Valley View, 5093 ranked 100th in SA when comparing growth in median property values or capital gain over the last 12 months. Valley View is one of 853 in our list for SA
When looking at the potential capital gains offered to property investors over the last 3 years, Valley View comes in at number 139th in SA.
Valley View5093 is located in SA which offers an average discount of -6.50% to property investors. Valley View itself is showing figures that indicate -5.82% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 4.74%, investors should hope to achieve an overall return of 4.37%
Valley View may be only 11km from the Adelaide CBD, but it also has a great suburban feel with its abundance of parks, quiet streets and walking trailsFull summary
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Valley View may be only 11km from the Adelaide CBD, but it also has a great suburban feel with its abundance of parks, quiet streets and walking trails.Close
It also benefits from proximity to a wide range of schools, the Westfield Tea Tree Plaza shopping complex and the O-Bahn bus network.
Furthermore, its supply and demand indicators show that there’s a lot of interest gathering momentum in this suburb.
In addition to the vacancy rate of 0.48%, Valley View has an auction clearance rate of 83.3%.
This is no surprise considering this suburb is a very affordable one for both investors and first homebuyers.
Three-bedroom houses around Brougham Drive can be picked up for less than $350,000.
They are only a short walk to the Dry Creek Linear Park, the Tea Tree Plaza shopping complex and Modbury Hospital.
This is also a good suburb for houses to have value added via renovation