Over the last year, property investments in Strathalbyn, 5255 have given investors a capital gain of 2.64%. This compares averagely with the 2.10% for SA as a whole.
Over the longer term, Strathalbyn has seen property prices show investors a 1.23% return over the last 3 years. This is an improvement over the last 12 months
The most recent median price for Strathalbyn is $369500, with sellers offering an average of -5.17% off the asking price.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 1.57%, investors should hope to achieve an overall return of 4.78%
Information supplied by:
Strathalbyn, SA – Construction on the up
Median house price: $350,000
Stock on market: 47.8%
12-month growth: -7%
The suburb of Strathalbyn has a lovely old-world charm and village atmosphere that makes it one of the prettiest towns in the state.
A heritage-listed country town, Strathalbyn plays host to a number of wineries, designating it a destination for connoisseurs and foodies from all over. It is also known for horseback riding – the suburb contains a racecourse, polo grounds and riding schools. Moreover, the suburb boasts a fine collection of antiques stores. The Angas River, situated right in the midst of the town, is a great place to take a walk and unwind.
The number of houses in the suburb soared in the year to July 2019, going from 87 to over 120.