Suburb Profile Report for Brompton SA (5007)

Brompton House: Median price $515,000, Annual capital growth 3.75%, Number of sales 48, Weekly median advertised rent $415

Brompton Unit: Median price $450,000, Annual capital growth 6.48%, Number of sales 50, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Brompton is an average performer in SA when comparing median price capital growth over the last year. Brompton gave property investors a good capital gain figure when compared to the rest of the state, with 5.91%.

While Brompton,5007 ranked number 145th in SA for increase in median house value (annualised) increase, it is ranked 285th over the last 5 years.

Vendor discounting in Brompton is giving property investors an average Vendor Discount of around -5.53%. This puts suburb at number 252th in SA when ranking the most discounted suburbs.

On average over the past year, suburb has had 4.00 sales per month, which equates to 48 per year.

With the median price for a house in Brompton being $515000 and the advertised rent reaching $415 the gross rental yield for property investors calculates out to be 4.19%

If you compare the increase in value of investment property in Brompton, 5007 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 -2.60%.

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.

Property investors looking for a bargain in Brompton should be aiming for at least -6.90% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 6.48%, investors should hope to achieve an overall return of 4.51%

HOUSE UNIT
$515,000 $450,000
1.98% 2.27%
5.91% -2.60%
3.75% 6.48%
$415 $390
48 50
4.19% 4.51%
82.77 71.71

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (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