HIGHBURY, 5089 ranks 713th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 17.86% for property investors.
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 $990,000.
The upward trend in home prices in HIGHBURY, 5089 averaged 12.5% per annum over a 3-year period.
Average weekly rents on listings have reached the $620 mark, reflecting a 3.26% increase in returns based on the current median price in HIGHBURY.
An average of 7.33 real estate transactions take place per month in HIGHBURY which translates to 88 per annum.
88 properties were sold in HIGHBURY in 2016, making it the 25th most active market in SA based on total real estate transactions.
HIGHBURY, 5089 places 59th in Australia based on median property value growth during the quarter.