At number 2581th in the list of Australian suburbs ordered by increase in median house value over the last year, Wynn Vale, 5127 is in the BOTTOM 40% with a property value increase of 1.85% recorded in median house prices.
Comparing Wynn Vale,5127 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Wynn Vale is $412500, with sellers offering an average of -5.11% off the asking price.
Residents and property investors in Wynn Vale have been waiting around 65.5 days to sell a property.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.41%, without taking into account capital value appreciation, which has been averaging out at 3.03%.
Wynn Vale has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -5.17% to date .
Comparing Wynn Vale,5127 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
LACK OF BUYER INTEREST may well be the reason that Wynn Vale is offering property investors an average of -6.26. This rate of discount on properties puts Suburb at number 21th in terms of most discounted suburbs in SA
The SA suburb of Wynn Vale, 5127 is in the Tea Tree Gully local government area.