HOVE 5048
State: SAPosiProp AI Investment Summary
HOVE (SA 5048) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.8% and has experienced a 12-month capital growth of Up 19.5%, with a median house buy price of $1,440,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$907,500
$1,294,000
$2,200,000
$1,440,000
Suburb Market Profile
Last month Hove had 5 properties available for rent and 6 properties for sale. Median property prices over the last year range from $1,440,000 for houses to $777,000 for units. If you are looking for an investment property, consider houses in Hove rent out for $720 PW with an annual rental yield of 2.8% and units rent for $550 PW with a rental yield of 3.7%. Hove has seen an annual compound growth rate of 19.5% for houses and 35.1% for units.