Giving property investors a an average capital gain of 3.04% for the last year, Highbury, 5089 is the 2189th highest performer in Australia in this respect.
While Highbury,5089 ranked number 269th in SA for increase in median house value (annualised) increase, it is ranked 170th over the last 5 years.
Highbury, 5089 is offering SA ‘s 94th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this SA.
The SA suburb of Highbury, 5089 is in the Tea Tree Gully local government area.
Housing stock dropped by nearly 20% in the suburb of Highbury over the July 2017-2018 period, as did pricesFull summary
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Adelaide Hills suburb takes a fall
Median house price: $470,000
Stock on market: -18.9%
12-month growth: -1.1%
Housing stock dropped by nearly 20% in the suburb of Highbury over the July 2017-2018 period, as did prices.
The median house value hit $470,000 following a slight drop of 1.1%. In the three months to July 2018, the decline worsened to 6%, effectively halting the positive trend Highbury had maintained since 2013. The tightening of supply in the market can hopefully spur greater demand.
A suburb at the Adelaide foothills, Highbury has a beautiful location near the River Torrens, with the neighbouring suburbs of Paradise and Athelstone right across. Highbury has a peaceful, community-oriented vibe that appeals greatly to families. There are parks for kids to enjoy, and properties on large blocks of land allow for spacious front or back yards at reasonable prices. Despite the countryside feel, Highbury is less than half an hour’s drive from the Adelaide CBD.Close