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Port Augusta West
AREA REPORTS

Port Augusta West

Port Augusta West - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5700

house

PORT AUGUSTA WEST, 5700 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in SA have risen as a whole, pulling PORT AUGUSTA WEST, 5700 values up and netting property investors a capital gain of 13.64% for the past year.

Investors saw the median home price rise to $250,000.

Profits due to an downward trend in home prices in the suburb averaged -0.23% per annum over a 3-year period.

PORT AUGUSTA WEST now ranks at the th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in PORT AUGUSTA WEST are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $300 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In PORT AUGUSTA WEST, homes and units usually stay on listing for an average of 112.1 days.

In 2016, 91 properties were sold in PORT AUGUSTA WEST during the past year, making it the 6th most active market in SA based on total real estate transactions.

Data report can be found below

Port Augusta West
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $250,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 13.64% N/A
Median 3 years -0.7% N/A
Median 5 years -10.71% N/A
10 years average annual -1.11% N/A
Weekly media advert. rent $300 N/A
Time on Market 112.1 days N/A
Gross Rental Yield Percent 6.24% N/A
demographics (median values)*
Total Population
11136
Weekly Household Income
1051
Household Size
2.30
Age
41
Monthly Loan Repayment
1170
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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