Hewett has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 2.53% to date .
Taking the average capital gain, or increase in median house value, Hewett,5118 has racked up an average of 2.53% over the period. This ranks it number 3291th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Hewett are currently offering property investors an average price cut of -6.02% below the asking price at the moment.
With the median price for a house in Hewett being $456250 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.79%