At number 2267th in the list of Australian suburbs ordered by increase in median house value over the last year, Strathalbyn, 5255 is in the BOTTOM 50% with a property value increase of 4.17% recorded in median house prices.
If we look at median property appreciation over just the last three months, Strathalbyn has given property investors a paper return of 1.45%. This puts Suburb as 185 on a list of fastest fasting appreciating suburbs in SA
Strathalbyn5255 is located in SA which offers an average discount of -6.51% to property investors. Strathalbyn itself is showing figures that indicate -4.82% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $310 mark per week – giving a return of 4.61% based on the median price in Suburb
Our latest figures would indicate that property sellers in Strathalbyn are currently offering property investors an average price cut of -4.03% below the asking price at the moment.
At number 1032 in a list of fastest selling suburbs, Strathalbyn is in the bottom 30% of suburbs in Australia with an average of days on market 91.5 for properties listed there.
Strathalbyn is 25th on a list of best yielding suburbs for rents in SA with a 5.83% return
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.