If you compare the increase in value of investment property in Valley View, 5093 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was -1.13%.
Taking the average capital gain, or increase in median house value, Valley View,5093 has racked up an average of -1.13% over the period. This ranks it number 2724th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Valley View 5093 should be seeing an average reduction in asking price of around -6.47% . This means that Valley View is holding prices well when compared to other suburbs in SA.
Situated 11.24km from the CBD, Valley View is one of Salisbury (C) localities in the postcode 5093.
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Valley View may be only 11km from the Adelaide CBD, but it also has a great suburban feel with its abundance of parks, quiet streets and walking trails.
It also benefits from proximity to a wide range of schools, the Westfield Tea Tree Plaza shopping complex and the O-Bahn bus network.
Furthermore, its supply and demand indicators show that there’s a lot of interest gathering momentum in this suburb.
In addition to the vacancy rate of 0.48%, Valley View has an auction clearance rate of 83.3%.
This is no surprise considering this suburb is a very affordable one for both investors and first homebuyers.
Three-bedroom houses around Brougham Drive can be picked up for less than $350,000.
They are only a short walk to the Dry Creek Linear Park, the Tea Tree Plaza shopping complex and Modbury Hospital.
This is also a good suburb for houses to have value added via renovation