Giving property investors a an average capital gain of 3.54% for the last year, Port Noarlunga, 5167 is the 2387th highest performer in Australia in this respect.
A -1.30% growth in median value for property investors in Port Noarlunga,5167 puts this suburb at number 186th in terms of best performing suburbs in SA
At number 60th of SA’s most discounted properties, Port Noarlunga is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $3990 per annum or $332.5 every week.
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
Information supplied by:
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.