PORT AUGUSTA ranks 352nd in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -6.25% for the past year is lower than average compared to its -11.76% growth within a five-year period.
Also in PORT AUGUSTA, the median home price is sitting at $150,000, and the average rent at $250, this suggests property owners could potentially earn a 8.67% increase in gross rental yield.
Property investors have seen a -6.25% drop in PORT AUGUSTA based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a -0.64% decrease over a ten-year period. It ranks 2317th on our list of suburbs that property investors should look into.
PORT AUGUSTA, 5700 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 $90,000.
Real estate investors could earn a rental income of $180 based on current median home prices for the suburb.
Home owners selling their properties and realtors in PORT AUGUSTA usually have to wait an average of 0.0 days days before their assets are lifted off the market.
PORT AUGUSTA ranks 1st on the list of best yielding suburbs for rental properties in SA, posting a 10.4% return.