At number 2461th in the list of Australian suburbs ordered by increase in median house value over the last year, Hallett Cove, 5158 is in the BOTTOM 50% with a property value increase of 1.63% recorded in median house prices.
Hallett Cove,5158 has offered an average of 1.63% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Hallett Cove 5158 should be seeing an average reduction in asking price of around -5.62% . This means that Hallett Cove is holding prices well when compared to other suburbs in SA.
In the last year 252 properties changed hands in Hallett Cove, which puts it as the 5th most active market in SA when comparing the number of sales per suburb.
With the median price for a house in Hallett Cove being $467500 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 4.17%
Hallett Cove, 5158 ranked 58th in SA when comparing growth in median property values or capital gain over the last 12 months. Hallett Cove is one of 853 in our list for SA
The five-year average increase in median property values for Hallett Cove,5158 has given property investors a potential capital gain of 11.86% across each of those five years.
Vendor discounting in Hallett Cove is giving property investors an average Vendor Discount of around -4.69%. This puts suburb at number 131th in SA when ranking the most discounted suburbs.
Hallett Cove is 86th on a list of best yielding suburbs for rents in SA with a 4.73% return