If you compare the increase in value of investment property in Walkley Heights, 5098 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 1.75%.
If we look at median property appreciation over just the last three months, Walkley Heights has given property investors a paper return of 9.64%. This puts Suburb as 20 on a list of fastest fasting appreciating suburbs in SA
Property investors looking for a bargain in Walkley Heights should be aiming for at least -5.51% off the asking price, which is the average vendor discount being achieved at the moment.
Walkley Heights, 5098’s gross rental yield is 3.67%