If you compare the increase in value of investment property in Noarlunga Downs, 5168 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 6.21%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Noarlunga Downs has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.41% to buyers in Noarlunga Downs at the moment, which is less than average for the rest of SA.
On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 5.56%, investors should hope to achieve an overall return of 4.90%