Over the last year, property investments in Whyalla Norrie, 5608 have given investors a capital gain of -21.95%. This compares very badly with the 2.14% for SA as a whole.
Comparing Whyalla Norrie,5608 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.30% offered to property buyers. Sellers in Whyalla Norrie itself are offering an average vendor discount of -11.94% to real estate investors.
Often selling an investment property can take time, and in Whyalla Norrie the average time real estate has been on the market is 150.88 days.
Renters in Suburb are facing rents around $11960 per annum or $230 every week.
At number 1449th in the list of Australian suburbs ordered by increase in median house value over the last year, Whyalla Norrie, 5608 is in the BOTTOM 20% with a property value increase of -7.06% recorded in median house prices.
If we look at median property appreciation over just the last three months, Whyalla Norrie has given property investors a paper return of -1.25%. This puts Suburb as 123 on a list of fastest fasting appreciating suburbs in SA
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 Whyalla Norrie, 5608. Typically our figures indicate that -11.68% is being offered, which puts this SA suburb at 28th most discounted overall in Australia.
In the last year 38 properties changed hands in Whyalla Norrie, which puts it as the 52th most active market in SA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $7800 per annum or $150 every week.