If you compare the increase in value of investment property in Whyalla, 5600 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 18.99%.
The five-year average increase in median property values for Whyalla,5600 has given property investors a potential capital gain of -24.19% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Whyalla is offering property investors an average of -6.20. This rate of discount on properties puts Suburb at number 29th in terms of most discounted suburbs in SA
On average over the past year, suburb has had 4.00 sales per month, which equates to 48 per year.
Situated 225.29km from the CBD, Whyalla is one of Whyalla localities in the postcode 5600.
SA has seen average median house prices change by 3.07% which means that Whyalla, 5600 has done well for property investors by showing a capital gain of 10.00% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Whyalla has fallen somewhat when compared to the 5 year average annual rate.
In the last year 10 properties changed hands in Whyalla, which puts it as the 193th most active market in SA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $8320 per annum or $160 every week.