At number 3534th in the list of Australian suburbs ordered by increase in median house value over the last year, Wallaroo, 5556 is in the BOTTOM 20% with a property value increase of -3.93% recorded in median house prices.
Across a shorter period, Wallaroo, 5556 has seen a median price increase of -3.02% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wallaroo, 5556. Typically our figures indicate that -7.58% is being offered, which puts this SA suburb at 743th most discounted overall in Australia.
On average over the past year, suburb has had 6.00 sales per month, which equates to 72 per year.
Using the current median advertised rental of $250 and the average annual increase in value of a median property of 2.89%, investors should hope to achieve an overall return of 5.06%