Property value increases in Strathalbyn have tracked close to the SA average of 3.17% over the last 12 months.
Strathalbyn,5255 was ranked 1238 in Australia by increase in median property value over the quarter.
Vendor discounting in Strathalbyn is giving property investors an average Vendor Discount of around -4.51%. This puts suburb at number 328th in SA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Strathalbyn the average time real estate has been on the market is 105.52 days.
With the median price for a house in Strathalbyn being $354750 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 4.54%
Strathalbyn, 5255, ranked 175th in SA when comparing growth in median property values or capital gain over the last 12 months. Strathalbyn is one of 836 in our list for SA.Full summary
Information supplied by:
Raine & Horne Strathalbyn
08 8536 3830
0438 364 320
Selling points: Proximity to Adelaide, Beach and River
Most sought after properties: New 4 bedroom 2 bathroom homes for investment and established homes for retirees
Most common properties: Old Bungalows to new modern designed homes
Local industry and businesses: Towns surrounding Strathalbyn such as Langhorne Creek and McLaren Vale wine region, small businesses and close to travel to other towns such as Mt Barker and the City.
Recent changes: Strathalbyn has experienced rapid growth in a short space of time and there have been many developments created and the town has grown. The council do have a plan to keep Strathalbyn under control yet meet residential and commercial demand.