If you compare the increase in value of investment property in Willaston, 5118 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 2.12%.
A 2.12% growth in median value for property investors in Willaston,5118 puts this suburb at number 245th in terms of best performing suburbs in SA
Property investors looking for a bargain in Willaston should be aiming for at least -5.07% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Willaston being $301250 and the advertised rent reaching $315 the gross rental yield for property investors calculates out to be 5.44%
Willaston is in the bottom 40% in SA when comparing median price capital growth over the last year. Willaston gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.68%.
The five-year average increase in median property values for Willaston,5118 has given property investors a potential capital gain of -6.82% across each of those five years.
Property buyers and investors in Willaston 5118 should be seeing an average reduction in asking price of around -5.35% . This means that Willaston is holding prices well when compared to other suburbs in SA.
Advertised rents are around the $257.5 mark per week – giving a return of 6.53% based on the median price in Suburb