Investment property in Strathalbyn 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 1.46%
Over the longer term, Strathalbyn has seen property prices show investors a 8.25% return over the last 3 years. This is worse than over the last 12 months
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 Strathalbyn, 5255. Typically our figures indicate that -4.36% is being offered, which puts this SA suburb at 2996th most discounted overall in Australia.
In the last year 146 properties changed hands in Strathalbyn, which puts it as the 26th most active market in SA when comparing the number of sales per suburb.
Strathalbyn is 169th on a list of best yielding suburbs for rents in SA with a 4.49% return
Strathalbyn, 5255 is offering SA ‘s 102th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this SA.
In the last year 15 properties changed hands in Strathalbyn, which puts it as the 146th most active market in SA when comparing the number of sales per 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.