Property value increases in Hope Valley have tracked close to the SA average of 2.14% over the last 12 months.
If we look at median property appreciation over just the last three months, Hope Valley has given property investors a paper return of 1.25%. This puts Suburb as 168 on a list of fastest fasting appreciating suburbs in SA
Sellers are offering property buyers an average discount of -6.45% to buyers in Hope Valley at the moment, which is less than average for the rest of SA.
A $365 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 2.29%.
Giving property investors a a stable capital gain of 5.34% for the last year, Hope Valley, 5090 is the 617th highest performer in Australia in this respect.
A 13.15% growth in median value for property investors in Hope Valley,5090 puts this suburb at number 89th in terms of best performing suburbs in SA
Sellers are offering property buyers an average discount of -7.30% to buyers in Hope Valley at the moment, which is less than average for the rest of SA.
Home to one of the biggest bodies of water in Adelaide, Hope Valley is highly popular among home buyers due to its affordability and many amenities.Full summary
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Home to one of the biggest bodies of water in Adelaide, Hope Valley is highly popular among home buyers due to its affordability and many amenities.
House prices come in at under $400,000 despite 4.3% growth over the past 12 months. This continues a streak of positive performances recorded over the recent five-year period. Average yield is also high at 4.5%. And although the unit market tumbled slightly in the previous year, returns for investors have soared at over 5%.
Thus, Hope Valley could serve as a good entry point into the market for first home buyers. It is close to Modbury Hospital, and is roughly a 30-minute drive from Adelaide. The suburb is also home to several schools and a well-stocked shopping centre. Close