SA has seen average median house prices change by 2.55% which means that Largs Bay, 5016 has done well for property investors by showing a capital gain of -1.97% over the last year
Over the longer term, Largs Bay has seen property prices show investors a -0.29% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Largs Bay 5016 should be seeing an average reduction in asking price of around -5.30% . This means that Largs Bay is holding prices well when compared to other suburbs in SA.
Residents and property investors in Largs Bay have been waiting around 70.2 days to sell a property.
Renters in Suburb are facing rents around $22880 per annum or $440 every week.
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 4.65%
Property investors looking for a bargain in Largs Bay should be aiming for at least -5.65% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $15600 per annum or $300 every week.
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.Full summary
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
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