If you compare the increase in value of investment property in Old Noarlunga, 5168 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 1.92%.
Over the longer term, Old Noarlunga has seen property prices show investors a 22.94% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Old Noarlunga is giving property investors an average Vendor Discount of around -6.28%. This puts suburb at number 170th in SA when ranking the most discounted suburbs.
Using the current median advertised rental of $322.5 and the average annual increase in value of a median property of 5.65%, investors should hope to achieve an overall return of 4.72%