SA has seen average median house prices change by 2.82% which means that Hewett, 5118 has done well for property investors by showing a capital gain of 4.71% over the last year
Taking the average capital gain, or increase in median house value, Hewett,5118 has racked up an average of 4.71% over the period. This ranks it number 2953th in the whole country for real estate investors looking at median house price increases.
At number 307th of SA’s most discounted properties, Hewett is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Hewett the average time real estate has been on the market is 113.61 days.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 3.26%, investors should hope to achieve an overall return of 4.91%