At number 3307th in the list of Australian suburbs ordered by increase in median house value over the last year, Balaklava, 5461 is in the BOTTOM 10% with a property value increase of -12.61% recorded in median house prices.
Across a shorter period, Balaklava, 5461 has seen a median price increase of 5.96% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Balaklava is offering property investors an average of -4.85. This rate of discount on properties puts Suburb at number 6th in terms of most discounted suburbs in SA
Property investors should expect to get $260 weekly from the median priced house in this suburb.