At number 1757th in the list of Australian suburbs ordered by increase in median house value over the last year, Encounter Bay, 5211 is in the top half with a property value increase of 6.00% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Encounter Bay,5211 has racked up an average of 6.00% over the period. This ranks it number 2769th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Encounter Bay, 5211. Typically our figures indicate that -6.94% is being offered, which puts this SA suburb at 1287th most discounted overall in Australia.
Across a shorter period, Encounter Bay, 5211 has seen a median price increase of 6.86% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Encounter Bay is offering property investors an average of -6.44. This rate of discount on properties puts Suburb at number 133th in terms of most discounted suburbs in SA