A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 3.55% growth over a ten-year period. It ranks 2213th on our list of suburbs that property investors should look into.
BALHANNAH, 5242 has a capital gain of -2.36% for the past year, which is lower than average compared to its 0.23% growth within a five-year period.
With the median home price in BALHANNAH sitting at $445,000, and the average rent at $365, property owners could potentially earn a 4.27% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BALHANNAH are low, as opposed to average gains per annum over the past five years.
BALHANNAH, 5242 in SA belongs to the local government area of Adelaide Hills.