Suburb Profile Report for Mansfield Park SA (5012)

Mansfield Park House: Median price $416,000, Annual capital growth 6.39%, Number of sales 49, Weekly median advertised rent $325

Mansfield Park Unit: Median price $291,750, Annual capital growth 11.00%, Number of sales 15, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Mansfield Park have tracked just higher than the SA average of 3.04% over the last 12 months.

Mansfield Park,5012 was ranked 221 in Australia by increase in median property value over the quarter.

Vendor discounting in Mansfield Park is giving property investors an average Vendor Discount of around -6.81%. This puts suburb at number 130th in SA when ranking the most discounted suburbs.

Situated 8.76km from the CBD, Mansfield Park is one of Port Adelaide Enfield localities in the postcode 5012.

Investment property in Mansfield Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.32%

Vendor discounting in Mansfield Park is giving property investors an average Vendor Discount of around -10.32%. This puts suburb at number 4th in SA when ranking the most discounted suburbs.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of 11.00%, investors should hope to achieve an overall return of 4.63%

YIP MAG Information supplied by:

YIP MAG
August 2015

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Mansfield Park, located 12km from the Adelaide CBD, is home to a vibrant mix of multicultural familiesFull summary Mansfield Park, located 12km from the Adelaide CBD, is home to a vibrant mix of multicultural families, with more than 50% of the population coming from a non-English speaking background.

The suburb has been undergoing urban renewal involving demolishing the bulk of the South Australian Housing Trust units, and replacing it with new medium density housing. It’s the largest of its kind in Australia.

The proximity to improved transport links, such as the south road extension, which connects the Port Adelaide regions into the city of Salisbury, has made it a desirable location for homebuyers.

An added attraction for families is the Westfield shopping centre in neighbouring Woodville.

The suburb is also home to two schools, and the Parks Community Centre, which provides a library, health centre, gym and fitness centre, swimming complex and a few other community services.

The low entry point for buyers in Mansfield Park just adds to the lure.Close
HOUSE UNIT
$416,000 $291,750
8.19% 0.09%
9.33% 5.32%
6.39% 11.00%
$325 $260
49 15
4.06% 4.63%
91.71 50.93

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 3354
Median household income ($/weekly) 881
Median age of persons 32
Median housing loan repayment ($/monthly) 1777
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 471 14.0
    25-34 years 616 18.4
    35-44 years 487 14.5
    45-54 years 379 11.3
    55-64 years 280 8.3
    Others 1121 33.4
    Age Group
    Census Count Percent(%)
    Not Married 1230 49.1
    Registered Married 1091 43.6
    Defacto Relationship 182 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1482 46.8
    Indonesia 140 4.4
    Philippines 68 2.1
    Viet Nam 651 20.5
    Other 309 9.8
    Others 518 16.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 708 22.8
    Christianity 1471 47.4
    Hinduism 91 2.9
    Islam 219 7.1
    No Religion 582 18.7
    Others 34 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 108 10.4
    $400-$599 119 11.4
    $600-$799 137 13.2
    $1,000-$1,249 104 10.0
    $1,500-$1,999 128 12.3
    Others 444 42.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1113 43.9
    Employed, worked full-time 764 30.2
    Employed, worked part-time 418 16.5
    Unemployed, looking for work 131 5.2
    Employed, away from work 107 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 214 16.6
    Technicians & trades workers 186 14.4
    Community & personal service workers 156 12.1
    Clerical & administrative workers 129 10.0
    Labourers 262 20.3
    Others 346 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 47 5.3
    Infants/Primary 307 34.7
    Secondary 224 25.3
    Technical or Further Educational Institution 118 13.3
    University or other Tertiary Institutions 147 16.6
    Others 42 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2426 75.0
    Semi-detached, row or terrace house, townhouse 481 14.9
    Flat, unit or apartment 315 9.7
    House or flat attached to a shop, office 13 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 456 40.9
    Rented 380 34.1
    Fully owned 254 22.8
    Other tenure type 24 2.2
    Tenure Type
Census 2011, ABS
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