Investment property in Saint Agnes has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.27%
When looking at the potential capital gains offered to property investors over the last 3 years, Saint Agnes comes in at number 202th in SA.
At number 341th of SA’s most discounted properties, Saint Agnes is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Saint Agnes is 165th on a list of best yielding suburbs for rents in SA with a 4.45% return
Saint Agnes has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 43.20% to date .
The SA suburb of Saint Agnes, 5097 is in the Tea Tree Gully local government area.
The suburb recorded a slight drop of 0.48% in unit prices over the past year, but its average annual growth rate remains strong at 5.2%.Full summary
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Apartment decline is gentle
Median unit price: $271,200
Stock on market: -20%
12-month growth: -0.48%
Just 5 minutes from the Tea Tree Gully CBD is the suburb of Saint Agnes, whose excellent location and low supply are keeping significant decline at bay.
The suburb recorded a slight drop of 0.48% in unit prices over the past year, but its average annual growth rate remains strong at 5.2%. The low values could also work to its advantage, since buyers looking to get a place near the city should get a great bargain. Vendors benefit as well, since apartments are selling at an average discount rate of less than 5%
Investors can gain yields of over 5% in the unit market, and we could see some demand from tenants given the sharp drop of 20% in overall stock on market.Close