Giving property investors a an average capital gain of 5.71% for the last year, Encounter Bay, 5211 is the 1871th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Encounter Bay,5211 has racked up an average of 5.71% over the period. This ranks it number 2745th 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 -6.60% is being offered, which puts this SA suburb at 1485th most discounted overall in Australia.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.36%, without taking into account capital value appreciation, which has been averaging out at 1.67%.
Our latest figures would indicate that property sellers in Encounter Bay are currently offering property investors an average price cut of -4.93% below the asking price at the moment.
Advertised rents are around the $247.5 mark per week – giving a return of 4.95% based on the median price in Suburb