Investment property in Encounter Bay has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.70%
Encounter Bay,5211 has offered an average of 0.70% return per annum in house price rises to property investors over the last three years.
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 -6.33% is being offered, which puts this SA suburb at 1474th most discounted overall in Australia.
Often selling an investment property can take time, and in Encounter Bay the average time real estate has been on the market is 107.36 days.
Situated 71.17km from the CBD, Encounter Bay is one of Victor Harbor localities in the postcode 5211.
Property investors who have had real estate in Encounter Bay, 5211 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.97%