Property value increases in Walkley Heights have tracked lower than the SA average of 3.17% over the last 12 months.
Across a shorter period, Walkley Heights, 5098 has seen a median price increase of 1.89% over the last quarter.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.41% offered to property buyers. Sellers in Walkley Heights itself are offering an average vendor discount of -6.35% to real estate investors.
A $375 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 4.04%.