If you compare the increase in value of investment property in Port Vincent, 5581 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -8.45%.
Across a shorter period, Port Vincent, 5581 has seen a median price increase of 4.00% over the last quarter.
Our latest figures would indicate that property sellers in Port Vincent are currently offering property investors an average price cut of -6.65% below the asking price at the moment.
At number 3001 in a list of fastest selling suburbs, Port Vincent is in the bottom 30% of suburbs in Australia with an average of days on market 113.6 for properties listed there.
Advertised rents are around the $245 mark per week – giving a return of 4.90% based on the median price in Suburb