Property investors who have had real estate in Aldinga Beach, 5173 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.87%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Aldinga Beach has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Aldinga Beach should be aiming for at least -5.60% off the asking price, which is the average vendor discount being achieved at the moment.
Giving property investors a a solid capital gain of 14.34% for the last year, Aldinga Beach, 5173 is the 297th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Aldinga Beach comes in at number 8th in SA.
Vendor discounting in Aldinga Beach is giving property investors an average Vendor Discount of around -5.02%. This puts suburb at number 125th in SA when ranking the most discounted suburbs.
Using the current median advertised rental of $265 and the average annual increase in value of a median property of 6.88%, investors should hope to achieve an overall return of 4.58%