At number 2105th in the list of Australian suburbs ordered by increase in median house value over the last year, Aldinga Beach, 5173 is in the BOTTOM 50% with a property value increase of 3.86% recorded in median house prices.
Over the longer term, Aldinga Beach has seen property prices show investors a 5.71% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -3.92% to buyers in Aldinga Beach at the moment, which is less than average for the rest of SA.
The SA suburb of Aldinga Beach, 5173 is in the Onkaparinga (C) local government area.
The five-year average increase in median property values for Aldinga Beach,5173 has given property investors a potential capital gain of -4.98% across each of those five years.
Aldinga Beach, 5173’s gross rental yield is 6.29%
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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.