Property value increases in Walkley Heights have tracked just lower than the SA average of 3.04% over the last 12 months.
Taking the average capital gain, or increase in median house value, Walkley Heights,5098 has racked up an average of -1.39% over the period. This ranks it number 2377th in the whole country for real estate investors looking at median house price increases.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.54% offered to property buyers. Sellers in Walkley Heights itself are offering an average vendor discount of -5.12% to real estate investors.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.88%, without taking into account capital value appreciation, which has been averaging out at 4.60%.