Suburb Profile Report for Ferryden Park SA (5010)

Ferryden Park House: Median price $412,500, Annual capital growth 2.58%, Number of sales 44, Weekly median advertised rent $360

Ferryden Park Unit: Median price $312,500, Annual capital growth 4.51%, Number of sales 14, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Ferryden Park has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.62%

If we look at median property appreciation over just the last three months, Ferryden Park has given property investors a paper return of -0.84%. This puts Suburb as 313 on a list of fastest fasting appreciating suburbs in SA

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Ferryden Park itself are offering an average vendor discount of -6.01% to real estate investors.

In the last year 44 properties changed hands in Ferryden Park, which puts it as the 216th most active market in SA when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $4320 per annum or $360 every week.

Giving property investors a a poor capital gain of -5.30% for the last year, Ferryden Park, 5010 is the 1412th highest performer in Australia in this respect.

Over the longer term, Ferryden Park has seen property prices show investors a 7.02% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Ferryden Park 5010 should be seeing an average reduction in asking price of around -3.91% . This means that Ferryden Park is holding prices well when compared to other suburbs in SA.

Often selling an investment property can take time, and in Ferryden Park the average time real estate has been on the market is 109.27 days.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 4.51%, investors should hope to achieve an overall return of 4.99%

Metrics i HOUSE UNIT
$412,500 $312,500
-0.84% -4.29%
-4.62% -5.30%
2.58% 4.51%
$360 $300
44 14
4.54% 4.99%
76.65 109.27

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4099
Median household income ($/weekly) 852
Median age of persons 36
Median housing loan repayment ($/monthly) 1655
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 546 13.3
    25-34 years 615 15.0
    35-44 years 668 16.3
    45-54 years 522 12.7
    55-64 years 414 10.1
    Others 1334 32.5
    Age Group
    Census Count Percent(%)
    Not Married 1467 48.9
    Registered Married 1343 44.8
    Defacto Relationship 190 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2020 53.2
    Croatia 117 3.1
    Indonesia 142 3.7
    Viet Nam 550 14.5
    Other 243 6.4
    Others 724 19.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 749 20.3
    Christianity 1900 51.6
    Hinduism 74 2.0
    Islam 219 5.9
    No Religion 683 18.5
    Others 57 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 165 12.5
    $400-$599 169 12.8
    $600-$799 161 12.2
    $1,000-$1,249 119 9.0
    $1,500-$1,999 145 11.0
    Others 562 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1345 44.4
    Employed, worked full-time 946 31.2
    Employed, worked part-time 525 17.3
    Unemployed, looking for work 118 3.9
    Employed, away from work 96 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 264 16.9
    Technicians & trades workers 215 13.7
    Clerical & administrative workers 180 11.5
    Sales 147 9.4
    Labourers 325 20.8
    Others 433 27.7
    Occupation
    Census Count Percent(%)
    Pre-school 54 5.5
    Infants/Primary 340 34.5
    Secondary 248 25.2
    Technical or Further Educational Institution 118 12.0
    University or other Tertiary Institutions 181 18.4
    Others 44 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3010 77.5
    Semi-detached, row or terrace house, townhouse 613 15.8
    Flat, unit or apartment 259 6.7
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 608 43.1
    Being purchased 536 38.0
    Fully owned 263 18.6
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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