Property value increases in Port Wakefield have tracked lower than the SA average of 1.26% over the last 12 months.
Comparing Port Wakefield,5550 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 414th of SA’s most discounted properties, Port Wakefield is in the TOP 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
A $245 per week rent on the median house gives suburb investors a gross yield of circa 10.19%, without taking into account capital value appreciation, which has been averaging out at 0.21%.