Over the last year, property investments in Hewett, 5118 have given investors a capital gain of -2.76%. This compares badly with the 2.55% for SA as a whole.
Hewett,5118 was ranked 3296 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -4.70% to buyers in Hewett at the moment, which is less than average for the rest of SA.
At number 2560 in a list of fastest selling suburbs, Hewett is in the bottom 40% of suburbs in Australia with an average of days on market 89.69 for properties listed there.
With the median price for a house in Hewett being $440000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 5.32%