THOMPSON BEACH, 5501 ranks 890th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16.09% 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 $490,500.
The upward trend in home prices in THOMPSON BEACH, 5501 averaged 16.94% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in THOMPSON BEACH.
An average of 1.5 real estate transactions take place per month in THOMPSON BEACH which translates to 18 per annum.
18 properties were sold in THOMPSON BEACH in 2016, making it the 357th most active market in SA based on total real estate transactions.
THOMPSON BEACH, 5501 places 270th in Australia based on median property value growth during the quarter.