Property value increases in Aldinga Beach have tracked close to the SA average of 2.79% over the last 12 months.
While Aldinga Beach,5173 ranked number 215th in SA for increase in median house value (annualised) increase, it is ranked 230th over the last 5 years.
Sellers are offering property buyers an average discount of -5.47% to buyers in Aldinga Beach at the moment, which is less than average for the rest of SA.
In the last year 268 properties changed hands in Aldinga Beach, which puts it as the 5th most active market in SA when comparing the number of sales per suburb.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.71%, without taking into account capital value appreciation, which has been averaging out at 4.46%.
If you compare the increase in value of investment property in Aldinga Beach, 5173 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 0.00%.
Taking the average capital gain, or increase in median house value, Aldinga Beach,5173 has racked up an average of 0.00% over the period. This ranks it number 1413th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Aldinga Beach is giving property investors an average Vendor Discount of around -3.75%. This puts suburb at number 140th in SA when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.
With the median price for a house in Aldinga Beach being $262000 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 5.26%