Valley View has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 10.29% to date .
Valley View,5093 was ranked 2275 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.30% to buyers in Valley View at the moment, which is less than average for the rest of SA.
Situated 11.08km from the CBD, Valley View is one of Salisbury localities in the postcode 5093.
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