If you compare the increase in value of investment property in Whyalla Stuart, 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 20.69%.
If we look at median property appreciation over just the last three months, Whyalla Stuart has given property investors a paper return of 0.72%. This puts Suburb as 196 on a list of fastest fasting appreciating suburbs in SA
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Whyalla Stuart, 5608. Typically our figures indicate that -17.61% is being offered, which puts this SA suburb at 18th most discounted overall in Australia.
Property investors should expect to get $240 weekly from the median priced house in this suburb.
Whyalla Stuart is in the bottom 20% in SA when comparing median price capital growth over the last year. Whyalla Stuart gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.00%.
When looking at the potential capital gains offered to property investors over the last 3 years, Whyalla Stuart comes in at number 187th in SA.
Whyalla Stuart, 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.
Property investors should expect to get $135 weekly from the median priced house in this suburb.
A suburb that is part of the “Steel City,” Whyalla Stuart is nestled in the midst of an urban area that is known for steelworks and shipbuildingFull summary
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Dwelling supply falls
Median unit price: $72,000
Stock on market: -19.1%
12-month growth: -15.3%
A suburb that is part of the “Steel City,” Whyalla Stuart is nestled in the midst of an urban area that is known for steelworks and shipbuilding.
Dwelling supply fell sharply in the year leading up to March 2018, with unit stock on the market in particular slipping from 15 to 8. This is in line with the general decline experienced throughout Whyalla Stuart – apartment values slipped by 15.3% in this period for a median price of just over $70,000, failing to break the streak of negativity recorded in the past five years.
The rental yield is remarkably high at 9.4%, although the limited potential of this suburb hurts its chances with investors. Nonetheless, the many tourist spots in the vicinity still draw in visitors.Close