Giving property investors a an unimpressive capital gain of 1.43% for the last year, Strathalbyn, 5255 is the 2825th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Strathalbyn,5255 has racked up an average of 1.43% over the period. This ranks it number 2772th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Strathalbyn 5255 should be seeing an average reduction in asking price of around -4.32% . This means that Strathalbyn is holding prices well when compared to other suburbs in SA.
Residents and property investors in Strathalbyn have been waiting around 109.66 days to sell a property.
Advertised rents are around the $310 mark per week – giving a return of 4.54% based on the median price in Suburb
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.