Property value increases in Aldinga Beach have tracked close to the SA average of 1.75% over the last 12 months.
If we look at median property appreciation over just the last three months, Aldinga Beach has given property investors a paper return of 0.57%. This puts Suburb as 186 on a list of fastest fasting appreciating suburbs in SA
The most recent median price for Aldinga Beach is $350000, with sellers offering an average of -5.49% off the asking price.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 1.90%, investors should hope to achieve an overall return of 4.90%
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Accessible beach suburb experiences gentle growth
Median unit price: $276,750
Three-year growth: 19.03%
Rental yield: 4.98%
Called “Dingy” by the locals, the suburb of Aldinga Beach is a gentle but fairly consistent performer in the SA unit market.
The suburb’s very affordable apartments, at a median price of under $280,000, definitely helps sustain demand. Returns for investors are also quite high at nearly 5%; meanwhile, sellers see units get picked off the market even with an average discount rate of just 3%.
The relaxed beachside living in Aldinga Beach draws tenants, and it remains commutable for those working in Adelaide. Homes here are also perfect as holiday retreats, since it is surrounded by some of the best beaches in the region.
Residents of Aldinga Beach are very protective of their natural surroundings, with various reserves, parks and wetlands safeguarding the local flora and fauna.