Whyalla Norrie has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 20.51% to date .
A 2.17% growth in median value for property investors in Whyalla Norrie,5608 puts this suburb at number 45th in terms of best performing suburbs in SA
Property investors looking for a bargain in Whyalla Norrie should be aiming for at least -14.12% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Whyalla Norrie the average time real estate has been on the market is 176.6 days.
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 -31.97%
The five-year average increase in median property values for Whyalla Norrie,5608 has given property investors a potential capital gain of -33.99% across each of those five years.
The most recent median price for Whyalla Norrie is $100000, with sellers offering an average of -15.51% off the asking price.
With the median price for a house in Whyalla Norrie being $100000 and the advertised rent reaching $170 the gross rental yield for property investors calculates out to be 8.84%