At number 2714th in the list of Australian suburbs ordered by increase in median house value over the last year, Klemzig, 5087 is in the BOTTOM 40% with a property value increase of 2.17% recorded in median house prices.
Klemzig,5087 was ranked 2219 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Klemzig is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 106th in terms of most discounted suburbs in SA
Property investors who have had real estate in Klemzig, 5087 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -16.80%
A 2.16% growth in median value for property investors in Klemzig,5087 puts this suburb at number 161th in terms of best performing suburbs in SA
Vendor discounting in Klemzig is giving property investors an average Vendor Discount of around -6.56%. This puts suburb at number 57th in SA when ranking the most discounted suburbs.
Advertised rents are around the $285 mark per week – giving a return of 5.70% based on the median price in Suburb