At number 928th in the list of Australian suburbs ordered by increase in median house value over the last year, Netley, 5037 is in the top 30% with a property value increase of 4.99% recorded in median house prices.
If we look at median property appreciation over just the last three months, Netley has given property investors a paper return of 2.80%. This puts Suburb as 113 on a list of fastest fasting appreciating suburbs in SA
Our latest figures would indicate that property sellers in Netley are currently offering property investors an average price cut of -6.45% below the asking price at the moment.
At number 969 in a list of fastest selling suburbs, Netley is in the TOP 30% of suburbs in Australia with an average of days on market 64.4 for properties listed there.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 3.60%, investors should hope to achieve an overall return of 3.78%