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 0.89%
Comparing Strathalbyn,5255 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 329th of SA’s most discounted properties, Strathalbyn is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $310 and the average annual increase in value of a median property of 2.97%, investors should hope to achieve an overall return of 4.74%
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.
Strathalbyn, 5255’s gross rental yield is 5.98%
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.