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Largs Bay

Suburb Profile

Largs Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5016

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $575,000.

The upward trend in home prices in LARGS BAY, 5016 averaged 2.49% per annum over a 3-year period.

Average weekly rents on listings have reached the $415 mark, reflecting a 3.75% increase in returns based on the current median price in LARGS BAY.

An average of 5.33 real estate transactions take place per month in LARGS BAY which translates to 64 per annum.

64 properties were sold in LARGS BAY in 2016, making it the 69th most active market in SA based on total real estate transactions.

LARGS BAY, 5016 places 134th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $575,000 N/A
GROWTH REPORT
Median Quarterly 3.6% N/A
Median 12 month 3.6% N/A
Median 3 years 7.48% N/A
Median 5 years 7.48% N/A
10 years average annual 2.15% N/A
Weekly media advert. rent $415 N/A
Time on Market 57.6 days N/A
Gross Rental Yield Percent 3.75% N/A
demographics (median values)
Total Population
3991
Weekly Household Income
978.5
Household Size
2.40
demographics
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Age group
Top 10 Birth Countries
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Household Income
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