Valley View is in the TOP 20% in SA when comparing median price capital growth over the last year. Valley View gave property investors a very good capital gain figure when compared to the rest of the state, with 12.39%.
Valley View,5093 was ranked 1079 in Australia by increase in median property value over the quarter.
At number 219th of SA’s most discounted properties, Valley View is in the middle of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $330 mark per week – giving a return of 4.30% based on the median price in Suburb
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