At number 2896th in the list of Australian suburbs ordered by increase in median house value over the last year, Victor Harbor, 5211 is in the BOTTOM 40% with a property value increase of 1.55% recorded in median house prices.
A 5.30% growth in median value for property investors in Victor Harbor,5211 puts this suburb at number 248th in terms of best performing suburbs in SA
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 Victor Harbor, 5211. Typically our figures indicate that -6.17% is being offered, which puts this SA suburb at 1436th most discounted overall in Australia.
On average over the past year, suburb has had 10.00 sales per month, which equates to 120 per year.
Situated 68.45km from the CBD, Victor Harbor is one of Victor Harbor localities in the postcode 5211.
Giving property investors a a stable capital gain of 7.34% for the last year, Victor Harbor, 5211 is the 651th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Victor Harbor has fallen somewhat when compared to the 5 year average annual rate.
Victor Harbor5211 is located in SA which offers an average discount of -6.23% to property investors. Victor Harbor itself is showing figures that indicate -5.73% is the average achievable by property buyers investing in the suburb.
In the last year 27 properties changed hands in Victor Harbor, which puts it as the 80th most active market in SA when comparing the number of sales per suburb.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 6.70%, without taking into account capital value appreciation, which has been averaging out at 2.99%.