SA/
Largs bay

Suburb Profile

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

house

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 $518,750.

The upward trend in home prices in LARGS BAY, 5016 averaged 5.97% per annum over a 3-year period.

Average weekly rents on listings have reached the $422.5 mark, reflecting a 4.24% increase in returns based on the current median price in LARGS BAY.

An average of 4.5 real estate transactions take place per month in LARGS BAY which translates to 54 per annum.

54 properties were sold in LARGS BAY in 2016, making it the 111th most active market in SA based on total real estate transactions.

LARGS BAY, 5016 places 252nd in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $518,750 N/A
GROWTH REPORT
Median Quarterly -0.24% N/A
Median 12 month -1.75% N/A
Median 3 years 17.9% N/A
Median 5 years 5.33% N/A
10 years average annual 3.1% N/A
Weekly media advert. rent $422.5 N/A
Time on Market 81.1 days N/A
Gross Rental Yield Percent 4.24% N/A
demographics (median values)
Total Population
3991
Weekly Household Income
978.5
Household Size
2.40
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Largs Bay, SA
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