Loxton is in the bottom 20% in SA when comparing median price capital growth over the last year. Loxton gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.02%.
While Loxton,5333 ranked number 291th in SA for increase in median house value (annualised) increase, it is ranked 378th over the last 5 years.
Loxton5333 is located in SA which offers an average discount of -6.84% to property investors. Loxton itself is showing figures that indicate -5.34% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 4.75 sales per month, which equates to 57 per year.
With the median price for a house in Loxton being $195000 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 6.93%
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Loxton, SA – House stock almost hits 100
Median house price: $196,423.50
Stock on market: 47.7%
12-month growth: -4.2%
Citrus and summer fruits grow nearby; meanwhile, the area north of the Murray Mallee focuses on dryland farming and grain cropping, giving residents access to lots of fresh produce!
Loxton highlights the extensive history of the mallee district through the Loxton Historical Village, which is known as the site of the annual Loxton Lights Up Christmas Festival. The 120m Loxton Gift handicap sprint race also takes place here every February. Other favourite pastimes in this area include boating, fishing and sports.
Housing stock soared in the year to August 2019, reaching almost 100.