At number 2564th 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 2.03% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Port Noarlunga comes in at number 405th in SA.
Our latest figures would indicate that property sellers in Port Noarlunga are currently offering property investors an average price cut of -8.07% below the asking price at the moment.
Residents and property investors in Port Noarlunga have been waiting around 78.54 days to sell a property.
The SA suburb of Port Noarlunga, 5167 is in the Onkaparinga local government area.
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.