Property value increases in Moana have tracked just higher than the SA average of 2.92% over the last 12 months.
If we look at median property appreciation over just the last three months, Moana has given property investors a paper return of 6.59%. This puts Suburb as 50 on a list of fastest fasting appreciating suburbs in SA
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.56% offered to property buyers. Sellers in Moana itself are offering an average vendor discount of -5.69% to real estate investors.
At number 2379 in a list of fastest selling suburbs, Moana is in the bottom 40% of suburbs in Australia with an average of days on market 94.02 for properties listed there.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.05%, without taking into account capital value appreciation, which has been averaging out at 4.89%.
Renters in Suburb are facing rents around $3360 per annum or $280 every week.