Suburb Profile Report for Brompton SA (5007)

Brompton House: Median price $500,000, Annual capital growth 4.09%, Number of sales 45, Weekly median advertised rent $420

Brompton Unit: Median price $440,000, Annual capital growth 7.55%, Number of sales 54, Weekly median advertised rent $383

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Brompton, 5007 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.17%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Brompton has increased when compared to the 5 year average annual rate.

Vendor discounting in Brompton is giving property investors an average Vendor Discount of around -4.73%. This puts suburb at number 312th in SA when ranking the most discounted suburbs.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 4.09%, investors should hope to achieve an overall return of 4.37%

At number 1254th in the list of Australian suburbs ordered by increase in median house value over the last year, Brompton, 5007 is in the BOTTOM 30% with a property value increase of -2.22% recorded in median house prices.

Comparing Brompton,5007 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -6.67% to buyers in Brompton at the moment, which is less than average for the rest of SA.

In the last year 54 properties changed hands in Brompton, which puts it as the 27th most active market in SA when comparing the number of sales per suburb.

With the median price for a house in Brompton being $440000 and the advertised rent reaching $382.5 the gross rental yield for property investors calculates out to be 4.52%

HOUSE UNIT
$500,000 $440,000
0.96% -2.76%
4.17% -2.22%
4.09% 7.55%
$420 $383
45 54
4.37% 4.52%
82.63 73.27

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2930
Median household income ($/weekly) 1194
Median age of persons 36
Median housing loan repayment ($/monthly) 1950
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 332 11.3
    25-34 years 644 22.0
    35-44 years 405 13.8
    45-54 years 377 12.9
    55-64 years 286 9.8
    Others 886 30.2
    Age Group
    Census Count Percent(%)
    Not Married 1208 55.4
    Registered Married 647 29.7
    Defacto Relationship 325 14.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1769 64.4
    Croatia 97 3.5
    Hong Kong 146 5.3
    United Kingdom 156 5.7
    Other 179 6.5
    Others 399 14.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 140 5.3
    Christianity 1433 54.3
    Hinduism 26 1.0
    Islam 84 3.2
    No Religion 934 35.4
    Others 21 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 100 9.1
    $400-$599 105 9.6
    $1,250-$1,499 94 8.6
    $1,500-$1,999 135 12.3
    $2,000-$2,499 126 11.5
    Others 536 48.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 969 41.7
    Not in the labour force 731 31.4
    Employed, worked part-time 419 18.0
    Employed, away from work 110 4.7
    Unemployed, looking for work 96 4.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 197 13.2
    Professionals 442 29.6
    Technicians & trades workers 160 10.7
    Community & personal service workers 178 11.9
    Clerical & administrative workers 211 14.1
    Others 305 20.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 135 22.7
    Secondary 72 12.1
    Technical or Further Educational Institution 76 12.8
    University or other Tertiary Institutions 268 45.0
    Other type of educational institution 25 4.2
    Others 20 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1543 60.6
    Semi-detached, row or terrace house, townhouse 894 35.1
    Flat, unit or apartment 111 4.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 606 50.9
    Being purchased 389 32.7
    Fully owned 189 15.9
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals