Property investors who have had real estate in Port Augusta West, 5700 should be relatively unhappy 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 2.91%
If we look at median property appreciation over just the last three months, Port Augusta West has given property investors a paper return of 10.42%. This puts Suburb as 14 on a list of fastest fasting appreciating suburbs in SA
Vendor discounting in Port Augusta West is giving property investors an average Vendor Discount of around -8.49%. This puts suburb at number 49th in SA when ranking the most discounted suburbs.
Residents and property investors in Port Augusta West have been waiting around 145.81 days to sell a property.
A $275 per week rent on the median house gives suburb investors a gross yield of circa 5.40%, without taking into account capital value appreciation, which has been averaging out at 2.69%.
With a capital gain of 23.08% for the last 12 months, Port Augusta West, 5700 has performed for property investments than its average annual 19.68% property growth over the last 5 years.
Advertised rents are around the $200 mark per week – giving a return of 8.67% based on the median price in Suburb