Hallett Cove is an average performer in SA when comparing median price capital growth over the last year. Hallett Cove gave property investors a good capital gain figure when compared to the rest of the state, with 6.98%.
The five-year average increase in median property values for Hallett Cove,5158 has given property investors a potential capital gain of 16.16% across each of those five years.
At number 186th of SA’s most discounted properties, Hallett Cove is in the middle of the state/territory when listing in order of most discounted to least.
The SA suburb of Hallett Cove, 5158 is in the Marion local government area.
If you compare the increase in value of investment property in Hallett Cove, 5158 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -7.10%.
Comparing Hallett Cove,5158 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Hallett Cove, 5158 is offering SA ‘s 102th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this SA.
At number 1167 in a list of fastest selling suburbs, Hallett Cove is in the bottom 30% of suburbs in Australia with an average of days on market 103.37 for properties listed there.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 2.48%, investors should hope to achieve an overall return of 4.97%