O'halloran Hill

O'HALLORAN HILL, 5158 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in SA have risen as a whole, pulling O'HALLORAN HILL, 5158 values up and netting property investors a capital gain of 34.01% for the past year.

Investors saw the median home price rise to $526,000.

Profits due to an upward trend in home prices in the suburb averaged 12.81% per annum over a 3-year period.

O'HALLORAN HILL now ranks at the 76th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in O'HALLORAN HILL are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $400 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In O'HALLORAN HILL, homes and units usually stay on listing for an average of 25.7 days.

In 2016, 49 properties were sold in O'HALLORAN HILL during the past year, making it the 143rd most active market in SA based on total real estate transactions.