HOPE VALLEY, SA, 5090

If you compare the increase in value of investment property in Hope Valley, 5090 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 1.56%.

The five-year average increase in median property values for Hope Valley,5090 has given property investors a potential capital gain of 3.72% across each of those five years.

The most recent median price for Hope Valley is $390000, with sellers offering an average of -4.51% off the asking price.

Using the current median advertised rental of $345 and the average annual increase in value of a median property of 3.65%, investors should hope to achieve an overall return of 4.60%

Giving property investors a an average capital gain of 4.46% for the last year, Hope Valley, 5090 is the 836th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Hope Valley,5090 has racked up an average of 4.46% over the period. This ranks it number 1019th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -5.94% to buyers in Hope Valley at the moment, which is less than average for the rest of SA.

Advertised rents are around the $295 mark per week – giving a return of 5.24% based on the median price in Suburb

Information supplied by:

June 2017

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Home to one of the biggest bodies of water in Adelaide, Hope Valley is highly popular among home buyers due to its affordability and many amenities.Full summary

Home to one of the biggest bodies of water in Adelaide, Hope Valley is highly popular among home buyers due to its affordability and many amenities.

House prices come in at under $400,000 despite 4.3% growth over the past 12 months. This continues a streak of positive performances recorded over the recent five-year period. Average yield is also high at 4.5%. And although the unit market tumbled slightly in the previous year, returns for investors have soared at over 5%. 

Thus, Hope Valley could serve as a good entry point into the market for first home buyers. It is close to Modbury Hospital, and is roughly a 30-minute drive from Adelaide. The suburb is also home to several schools and a well-stocked shopping centre. 

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Original post: http://www.yourinvestmentpropertymag.com.au/top-suburbs/SA-5090-hope-valley.aspx