With a capital gain of 1.57% for the last 12 months, Balaklava, 5461 has performed for property investments than its average annual 3.59% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Balaklava comes in at number 304th in SA.
Property buyers and investors in Balaklava 5461 should be seeing an average reduction in asking price of around -6.84% . This means that Balaklava is holding prices well when compared to other suburbs in SA.
At number 3263 in a list of fastest selling suburbs, Balaklava is in the bottom 20% of suburbs in Australia with an average of days on market 125.39 for properties listed there.
A $230 per week rent on the median house gives suburb investors a gross yield of circa 6.16%, without taking into account capital value appreciation, which has been averaging out at 3.59%.