Port Noarlunga, 5167 ranked 68th in SA when comparing growth in median property values or capital gain over the last 12 months. Port Noarlunga is one of 853 in our list for SA
Across a shorter period, Port Noarlunga, 5167 has seen a median price increase of -0.67% over the last quarter.
Our latest figures would indicate that property sellers in Port Noarlunga are currently offering property investors an average price cut of -9.33% below the asking price at the moment.
At number 2726 in a list of fastest selling suburbs, Port Noarlunga is in the bottom 30% of suburbs in Australia with an average of days on market 84.97 for properties listed there.
With the median price for a house in Port Noarlunga being $410000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.31%
Located about 25km from the Adelaide CBD, Port Noarlunga is fast becoming a hotspot for both homebuyers and investors, thanks to its ultra-affordable price tag.Full summary
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Located about 25km from the Adelaide CBD, Port Noarlunga is fast becoming a hotspot for both homebuyers and investors, thanks to its ultra-affordable price tag.Close
But that’s not the only reason for the massive interest. Port Noarlunga is undergoing a massive gentrification as investors knock down older homes and redevelop them.
The development of the waterfront in neighbouring Christies Beach is also having a positive impact on the suburb’s image.
Its desirable location being so close to the beach is another big plus for the suburb.
It’s easily accessible via public transport and via car.
House prices have suffered a sharp drop in value during the past 12 months, losing 12%, which opens up excellent buying opportunity for investors looking to capitalise on the suburb’s long-term growth potential.