If you compare the increase in value of investment property in Aldinga Beach, 5173 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 4.58%.
Taking the average capital gain, or increase in median house value, Aldinga Beach,5173 has racked up an average of 4.58% over the period. This ranks it number 2416th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Aldinga Beach is offering property investors an average of -6.67. This rate of discount on properties puts Suburb at number 202th in terms of most discounted suburbs in SA
Aldinga Beach, 5173’s gross rental yield is 4.69%
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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.