Investment property in Whyalla has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -28.63%
While Whyalla,5600 ranked number 61th in SA for increase in median house value (annualised) increase, it is ranked 408th over the last 5 years.
Our latest figures would indicate that property sellers in Whyalla are currently offering property investors an average price cut of -13.14% below the asking price at the moment.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
When looking at the potential capital gains offered to property investors over the last 3 years, Whyalla comes in at number 183th in SA.
Property investors should expect to get $160 weekly from the median priced house in this suburb.