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Encounter Bay

Suburb Profile

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

house

Property investors enjoyed capital gains of 3.1% 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.

This number can mean, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.

On average, rents on listings have reached the $350 mark, reflecting a 4.97% increase in returns based on the current median price in ENCOUNTER BAY.

ENCOUNTER BAY, 5211 ranks 169th in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 119th on the list of best yielding suburbs for rental properties in SA, posting a 4.97% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $366,000 N/A
GROWTH REPORT
Median Quarterly 0.27% N/A
Median 12 month 3.1% N/A
Median 3 years -3.68% N/A
Median 5 years 3.98% N/A
10 years average annual 1.23% N/A
Weekly media advert. rent $350 N/A
Time on Market 84.3 days N/A
Gross Rental Yield Percent 4.97% N/A
demographics (median values)
Total Population
3665
Weekly Household Income
602.4
Household Size
2.00
demographics
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