Balaklava is an average performer in SA when comparing median price capital growth over the last year. Balaklava gave property investors a average capital gain figure when compared to the rest of the state, with 1.85%.
The five-year average increase in median property values for Balaklava,5461 has given property investors a potential capital gain of -3.50% across each of those five years.
Sellers are offering property buyers an average discount of -6.51% to buyers in Balaklava at the moment, which is less than average for the rest of SA.
On average over the past year, suburb has had 3.33 sales per month, which equates to 40 per year.
A $230 per week rent on the median house gives suburb investors a gross yield of circa 6.20%, without taking into account capital value appreciation, which has been averaging out at 4.36%.