PORT WILLUNGA, 5173 ranks 885th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16.03% 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 $825,000.
The upward trend in home prices in PORT WILLUNGA, 5173 averaged 6.61% per annum over a 3-year period.
Average weekly rents on listings have reached the $581 mark, reflecting a 3.66% increase in returns based on the current median price in PORT WILLUNGA.
An average of 2.75 real estate transactions take place per month in PORT WILLUNGA which translates to 33 per annum.
33 properties were sold in PORT WILLUNGA in 2016, making it the 206th most active market in SA based on total real estate transactions.
PORT WILLUNGA, 5173 places 111th in Australia based on median property value growth during the quarter.