SA has seen average median house prices change by 2.82% which means that Port Hughes, 5558 has done well for property investors by showing a capital gain of 16.17% over the last year
Port Hughes,5558 was ranked 118 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Port Hughes is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 221th in terms of most discounted suburbs in SA
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 3.37%, investors should hope to achieve an overall return of 3.63%