Investment property in Largs Bay has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.12%
Comparing Largs Bay,5016 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Largs Bay should be aiming for at least -6.15% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Largs Bay have been waiting around 58.9118 days to sell a property.
Information supplied by:
Tom Walsh
Walsh Real Estate
M
08 8242 3830
O
0412 844 861
W
www.walshre.com.au
E
tom@walshre.com.au
Investment property in Suburb has done pretty 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 -4.46%.
While Largs Bay,5016 ranked number 348th in SA for increase in median house value (annualised) increase, it is ranked 48th over the last 5 years.
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 Largs Bay, 5016. Typically our figures indicate that -5.41% is being offered, which puts this SA suburb at 3398th most discounted overall in Australia.
Situated 14.69km from the CBD, Largs Bay is one of Port Adelaide Enfield localities in the postcode 5016.
Selling points:
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Close to beach and CBD
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Many varied styles of homes and post war with large blocks
Most sought-after properties:
Old style villas and bungalows and corner blocks
Most common properties:
Post war homes
Top amenities:
Beach
Local industry and business:
ASC and Naval hub
Recent changes:
Sub-divisions (Medium to small)
Best streets:
Esplanade, Military Road, Alexander Street, Anthony Street
Public transport:
Both bus and train
Main arteries:
Port/ Torrens roads