Investment property in West Beach has done 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 4.15%
Across a shorter period, West Beach, 5024 has seen a median price increase of 3.05% over the last quarter.
The most recent median price for West Beach is $929500, with sellers offering an average of -6.41% off the asking price.
Renters in Suburb are facing rents around $27690 per annum or $532.5 every week.
If you compare the increase in value of investment property in West Beach, 5024 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 8.33%.
If we look at median property appreciation over just the last three months, West Beach has given property investors a paper return of 5.18%. This puts Suburb as 36 on a list of fastest fasting appreciating suburbs in SA
Renters in Suburb are facing rents around $16510 per annum or $317.5 every week.