SA has seen average median house prices change by 3.87% which means that Balhannah, 5242 has done well for property investors by showing a capital gain of 4.03% over the last year
While Balhannah,5242 ranked number 400th in SA for increase in median house value (annualised) increase, it is ranked 332th over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Balhannah itself are offering an average vendor discount of -10.38% to real estate investors.
Situated 22.08km from the CBD, Balhannah is one of Adelaide Hills localities in the postcode 5242.