Giving property investors a a poor capital gain of -3.55% for the last year, Hallett Cove, 5158 is the 3401th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Hallett Cove,5158 has racked up an average of -3.55% over the period. This ranks it number 3108th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Hallett Cove is giving property investors an average Vendor Discount of around -5.99%. This puts suburb at number 204th in SA when ranking the most discounted suburbs.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 3.57%, investors should hope to achieve an overall return of 4.42%
If you compare the increase in value of investment property in Hallett Cove, 5158 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 9.84%.
A 7.20% growth in median value for property investors in Hallett Cove,5158 puts this suburb at number 145th in terms of best performing suburbs in SA
At number 116th of SA’s most discounted properties, Hallett Cove is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Hallett Cove, 5158’s gross rental yield is 4.66%