At number 2945th 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 -0.10% recorded in median house prices.
While Hallett Cove,5158 ranked number 394th in SA for increase in median house value (annualised) increase, it is ranked 237th over the last 5 years.
Our latest figures would indicate that property sellers in Hallett Cove are currently offering property investors an average price cut of -5.63% below the asking price at the moment.
If you compare the increase in value of investment property in Hallett Cove, 5158 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 5.79%.
When looking at the potential capital gains offered to property investors over the last 3 years, Hallett Cove comes in at number 53th in SA.
Vendor discounting in Hallett Cove is giving property investors an average Vendor Discount of around -5.76%. This puts suburb at number 81th in SA when ranking the most discounted suburbs.
Situated 18.05km from the CBD, Hallett Cove is one of Marion localities in the postcode 5158.