If you compare the increase in value of investment property in Whyalla Norrie, 5608 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 13.53%.
Over the longer term, Whyalla Norrie has seen property prices show investors a 2.17% return over the last 3 years. This is an improvement over the last 12 months
Whyalla Norrie5608 is located in SA which offers an average discount of -6.54% to property investors. Whyalla Norrie itself is showing figures that indicate -14.28% is the average achievable by property buyers investing in the suburb.
Investment property in Whyalla Norrie 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 -26.77%
If we look at median property appreciation over just the last three months, Whyalla Norrie has given property investors a paper return of -15.93%. This puts Suburb as 167 on a list of fastest fasting appreciating suburbs in SA
Whyalla Norrie, 5608 is offering SA ‘s 2nd most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this SA.
Advertised rents are around the $180 mark per week – giving a return of 8.25% based on the median price in Suburb