Investment property in Hectorville 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 10.11%
A 27.23% growth in median value for property investors in Hectorville,5073 puts this suburb at number 86th in terms of best performing suburbs in SA
Hectorville5073 is located in SA which offers an average discount of -6.08% to property investors. Hectorville itself is showing figures that indicate -4.79% is the average achievable by property buyers investing in the suburb.
Hectorville is 334th on a list of best yielding suburbs for rents in SA with a 3.18% return
Over the last year, property investments in Hectorville, 5073 have given investors a capital gain of -14.48%. This compares very badly with the 3.57% for SA as a whole.
Across a shorter period, Hectorville, 5073 has seen a median price increase of 0.00% over the last quarter.
Our latest figures would indicate that property sellers in Hectorville are currently offering property investors an average price cut of -6.51% below the asking price at the moment.
With the median price for a house in Hectorville being $372000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 4.47%