Suburb Profile Report for West Hindmarsh SA (5007)

West Hindmarsh House: Median price $530,000, Annual capital growth 4.99%, Number of sales 21, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report

At number 1219th in the list of Australian suburbs ordered by increase in median house value over the last year, West Hindmarsh, 5007 is in the top 30% with a property value increase of 10.42% recorded in median house prices.

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

LACK OF BUYER INTEREST may well be the reason that West Hindmarsh is offering property investors an average of -6.41. This rate of discount on properties puts Suburb at number 368th in terms of most discounted suburbs in SA

Advertised rents are around the $395 mark per week – giving a return of 3.88% based on the median price in Suburb

Metrics i HOUSE UNIT
$530,000 N/A
-0.28% N/A
10.42% N/A
4.99% N/A
$395 N/A
21 N/A
3.88% N/A
33.5 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 1573
Median household income ($/weekly) 1039
Median age of persons 34
Median housing loan repayment ($/monthly) 1647
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 164 10.4
    25-34 years 287 18.2
    35-44 years 246 15.6
    45-54 years 214 13.6
    55-64 years 135 8.6
    Others 527 33.5
    Age Group
    Census Count Percent(%)
    Not Married 635 51.8
    Registered Married 466 38.0
    Defacto Relationship 124 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 993 65.9
    Hong Kong 56 3.7
    Indonesia 60 4.0
    Japan 68 4.5
    Other 99 6.6
    Others 230 15.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 3.0
    Christianity 864 60.8
    Islam 57 4.0
    Other Religious Groups 48 3.4
    No Religion 394 27.7
    Others 16 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 73 12.1
    $600-$799 62 10.2
    $1,000-$1,249 65 10.7
    $1,500-$1,999 66 10.9
    $2,000-$2,499 62 10.2
    Others 277 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 444 35.7
    Not in the labour force 416 33.5
    Employed, worked part-time 266 21.4
    Employed, away from work 58 4.7
    Unemployed, looking for work 58 4.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 86 11.2
    Professionals 189 24.5
    Technicians & trades workers 87 11.3
    Clerical & administrative workers 143 18.5
    Labourers 90 11.7
    Others 176 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 28 7.3
    Infants/Primary 122 31.9
    Secondary 60 15.7
    Technical or Further Educational Institution 46 12.0
    University or other Tertiary Institutions 109 28.5
    Others 18 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1139 75.0
    Flat, unit or apartment 245 16.1
    Semi-detached, row or terrace house, townhouse 131 8.6
    House or flat attached to a shop, office 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 259 40.7
    Fully owned 191 30.0
    Being purchased 184 28.9
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
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