Encounter Bay has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -5.33% to date .
A 2.90% growth in median value for property investors in Encounter Bay,5211 puts this suburb at number 237th in terms of best performing suburbs in SA
Vendor discounting in Encounter Bay is giving property investors an average Vendor Discount of around -4.95%. This puts suburb at number 268th in SA when ranking the most discounted suburbs.
At number 2883 in a list of fastest selling suburbs, Encounter Bay is in the bottom 30% of suburbs in Australia with an average of days on market 99.14 for properties listed there.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 0.64%.