Investment property in Strathalbyn has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.42%
Across a shorter period, Strathalbyn, 5255 has seen a median price increase of 5.89% over the last quarter.
Our latest figures would indicate that property sellers in Strathalbyn are currently offering property investors an average price cut of -4.91% below the asking price at the moment.
Renters in Suburb are facing rents around $3690 per annum or $307.5 every week.
Strathalbyn, 5255, ranked 175th in SA when comparing growth in median property values or capital gain over the last 12 months. Strathalbyn is one of 836 in our list for SA.Full summary
Information supplied by:
Raine & Horne Strathalbyn
08 8536 3830
0438 364 320
Selling points: Proximity to Adelaide, Beach and River
Most sought after properties: New 4 bedroom 2 bathroom homes for investment and established homes for retirees
Most common properties: Old Bungalows to new modern designed homes
Local industry and businesses: Towns surrounding Strathalbyn such as Langhorne Creek and McLaren Vale wine region, small businesses and close to travel to other towns such as Mt Barker and the City.
Recent changes: Strathalbyn has experienced rapid growth in a short space of time and there have been many developments created and the town has grown. The council do have a plan to keep Strathalbyn under control yet meet residential and commercial demand.