With a capital gain of 4.35% for the last 12 months, Aldinga Beach, 5173 has performed for property investments than its average annual 2.07% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Aldinga Beach has given property investors a paper return of 2.86%. This puts Suburb as 104 on a list of fastest fasting appreciating suburbs in SA
Vendor discounting in Aldinga Beach is giving property investors an average Vendor Discount of around -5.76%. This puts suburb at number 200th in SA when ranking the most discounted suburbs.
Aldinga Beach is 160th on a list of best yielding suburbs for rents in SA with a 4.77% return
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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.