Property investors enjoyed capital gains of 29.17% over the last 12 months in CARRICKALINGA, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 4.85% growth over a ten-year period. It ranks 1585th on our list of suburbs that property investors should look into.
CARRICKALINGA, 5204 has a capital gain of 29.17% for the past year, which is higher than average compared to its 38.97% growth within a five-year period.
A 29.17% increase in median property prices in CARRICKALINGA, 5204 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 12th.
Figures from the previous quarter show that capital gains for real estate buyers in CARRICKALINGA are low, as opposed to average gains per annum over the past five years.
CARRICKALINGA, 5204 in SA belongs to the local government area of Yankalilla.