Based on its average 5-year and quarterly capital gains SEACLIFF, 5049 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that SEACLIFF, 5049 obtained a 7.82% growth over a ten-year period. It ranks 626th on our list of suburbs that property investors should look into.
SEACLIFF, 5049 in SA belongs to the local government area of Holdfast Bay.
SEACLIFF, 5049 has a capital gain of 20.31% for the past year, which is higher than average compared to its 40.5% growth within a five-year period.
With the median home price in SEACLIFF sitting at $785,000, and the average rent at $410, property owners could potentially earn a 2.72% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SEACLIFF are low, as opposed to average gains per annum over the past five years.
A 20.31% increase in median property prices in SEACLIFF, 5049 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 20th.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||20.31%||15.44%|
|Median 3 years||18.49%||50.51%|
|Median 5 years||40.5%||54.42%|
|10 years average annual||7.82%||6.1%|
|Weekly media advert. rent||$410||$322.5|
|Time on Market||57.7 days||97.2 days|
|Gross Rental Yield Percent||2.72%||2.82%|