Property investors who have had real estate in Moonta Bay, 5558 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.56%
Taking the average capital gain, or increase in median house value, Moonta Bay,5558 has racked up an average of 9.56% over the period. This ranks it number 3091th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Moonta Bay is giving property investors an average Vendor Discount of around -6.75%. This puts suburb at number 113th in SA when ranking the most discounted suburbs.
Advertised rents are around the $270 mark per week – giving a return of 4.71% based on the median price in Suburb
Information supplied by:
Moonta Bay, SA – Price growth is stunted
Median house price: $280,000
Stock on market: 22.8%
12-month growth: -2.4%
A stunning collection of coves, beaches and tranquil blue waters, the holiday destination of Moonta Bay sits right on the shore of Spencer Gulf. It attracts tourists looking for a relaxing time by the beach.
The Port Hughes jetty is popular with fishing enthusiasts, and charter boats are plentiful in this area. There is a water park that’s perfect for family-friendly fun, and there is a playground right on the beach.
The various restaurants and cafes are great spots to get a drink and a bite or two while watching the sunset. Other nearby amenities include the golf course at Port Hughes, and residents are serviced by the Moonta railway station.