SA has seen average median house prices change by 3.35% which means that Port Noarlunga, 5167 has done well for property investors by showing a capital gain of 3.54% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Port Noarlunga comes in at number 257th in SA.
Sellers are offering property buyers an average discount of -6.83% to buyers in Port Noarlunga at the moment, which is less than average for the rest of SA.
Residents and property investors in Port Noarlunga have been waiting around 77.04 days to sell a property.
Situated 23.78km 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.