If you compare the increase in value of investment property in Balaklava, 5461 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 7.39%.
The five-year average increase in median property values for Balaklava,5461 has given property investors a potential capital gain of 4.36% across each of those five years.
Our latest figures would indicate that property sellers in Balaklava are currently offering property investors an average price cut of -6.27% below the asking price at the moment.
In the last year 39 properties changed hands in Balaklava, which puts it as the 239th most active market in SA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $2760 per annum or $230 every week.