Hope Valley is an average performer in SA when comparing median price capital growth over the last year. Hope Valley gave property investors a average capital gain figure when compared to the rest of the state, with 2.44%.
A 10.44% growth in median value for property investors in Hope Valley,5090 puts this suburb at number 217th in terms of best performing suburbs in SA
At number 134th of SA’s most discounted properties, Hope Valley is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Hope Valley the average time real estate has been on the market is 64.59 days.
A $367.5 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 2.62%.
Giving property investors a a stable capital gain of 6.78% for the last year, Hope Valley, 5090 is the 645th highest performer in Australia in this respect.
Hope Valley,5090 was ranked 691 in Australia by increase in median property value over the quarter.
At number 42th of SA’s most discounted properties, Hope Valley is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Hope Valley have been waiting around 79.53 days to sell a property.
Hope Valley, 5090’s gross rental yield is 4.95%
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