At number 2594th in the list of Australian suburbs ordered by increase in median house value over the last year, Port Noarlunga, 5167 is in the BOTTOM 40% with a property value increase of 3.29% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Port Noarlunga has increased when compared to the 5 year average annual rate.
Port Noarlunga, 5167 is offering SA ‘s 87th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this SA.
Situated 24.08km from the CBD, Port Noarlunga is one of Onkaparinga localities in the postcode 5167.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.27% offered to property buyers. Sellers in Port Noarlunga itself are offering an average vendor discount of -5.90% to real estate investors.
Situated 26.93km from the CBD, Port Noarlunga is one of Onkaparinga localities in the postcode 5167.
Located about 25km from the Adelaide CBD, Port Noarlunga is fast becoming a hotspot for both homebuyers and investors, thanks to its ultra-affordable price tag.Full summary
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Located about 25km from the Adelaide CBD, Port Noarlunga is fast becoming a hotspot for both homebuyers and investors, thanks to its ultra-affordable price tag.Close
But that’s not the only reason for the massive interest. Port Noarlunga is undergoing a massive gentrification as investors knock down older homes and redevelop them.
The development of the waterfront in neighbouring Christies Beach is also having a positive impact on the suburb’s image.
Its desirable location being so close to the beach is another big plus for the suburb.
It’s easily accessible via public transport and via car.
House prices have suffered a sharp drop in value during the past 12 months, losing 12%, which opens up excellent buying opportunity for investors looking to capitalise on the suburb’s long-term growth potential.