AREA REPORTS

Encounter Bay

 

 

SA/
Encounter bay

Suburb Profile

Encounter Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5211

house

Property investors enjoyed capital gains of 1.4% over the last 12 months in ENCOUNTER BAY, translating to lower returns compared with its peers in SA.

Figures from the previous quarter show that capital gains for real estate buyers in ENCOUNTER BAY are low, as opposed to average gains per annum over the past five years.

The suburb posted a 3.58% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $315 based on current median home prices for the suburb.

On average, rents on listings have reached the $315 mark, reflecting a 4.52% increase in returns based on the current median price in ENCOUNTER BAY.

ENCOUNTER BAY, 5211 ranks 232nd in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 183rd on the list of best yielding suburbs for rental properties in SA, posting a 4.52% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $362,000 N/A
GROWTH REPORT
Median Quarterly 0.56% N/A
Median 12 month 1.4% N/A
Median 3 years 3.58% N/A
Median 5 years 4.78% N/A
10 years average annual 0.61% N/A
Weekly media advert. rent $315 N/A
Time on Market 83.8 days N/A
Gross Rental Yield Percent 4.52% N/A
demographics (median values)
Total Population
3665
Weekly Household Income
602.4
Household Size
2.00
demographics
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