At number 3048th in the list of Australian suburbs ordered by increase in median house value over the last year, Hallett Cove, 5158 is in the BOTTOM 30% with a property value increase of -1.15% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Hallett Cove,5158 has racked up an average of -1.15% over the period. This ranks it number 2510th 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 Hallett Cove itself are offering an average vendor discount of -5.91% to real estate investors.
At number 1489 in a list of fastest selling suburbs, Hallett Cove is in the TOP 40% of suburbs in Australia with an average of days on market 70.71 for properties listed there.
With the median price for a house in Hallett Cove being $430000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.47%
If we look at median property appreciation over just the last three months, Hallett Cove has given property investors a paper return of -0.36%. This puts Suburb as 99 on a list of fastest fasting appreciating suburbs in SA
The most recent median price for Hallett Cove is $335000, with sellers offering an average of -6.65% off the asking price.
Situated 18.06km from the CBD, Hallett Cove is one of Marion localities in the postcode 5158.