Suburb Profile Report for Pennington SA (5013)

Pennington House: Median price $388,000, Annual capital growth 4.70%, Number of sales 39, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report

Investment property in Pennington has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.19%

Across a shorter period, Pennington, 5013 has seen a median price increase of 0.32% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Pennington is offering property investors an average of -6.57. This rate of discount on properties puts Suburb at number 145th in terms of most discounted suburbs in SA

Property investors should expect to get $330 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$388,000 N/A
0.32% N/A
3.19% N/A
4.70% N/A
$330 N/A
39 N/A
4.42% N/A
84.61 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 3648
Median household income ($/weekly) 865
Median age of persons 39
Median housing loan repayment ($/monthly) 1560
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 427 11.7
    25-34 years 458 12.6
    35-44 years 480 13.2
    45-54 years 559 15.3
    55-64 years 377 10.3
    Others 1347 36.9
    Age Group
    Census Count Percent(%)
    Not Married 1402 53.3
    Registered Married 1027 39.1
    Defacto Relationship 199 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2219 66.0
    Philippines 80 2.4
    United Kingdom 136 4.0
    Viet Nam 392 11.7
    Other 141 4.2
    Others 395 11.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 409 12.7
    Christianity 1989 61.5
    Hinduism 31 1.0
    Islam 107 3.3
    No Religion 686 21.2
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 170 14.4
    $400-$599 139 11.8
    $600-$799 136 11.5
    $800-$999 122 10.4
    $1,500-$1,999 135 11.5
    Others 476 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1264 45.9
    Employed, worked full-time 822 29.9
    Employed, worked part-time 447 16.2
    Unemployed, looking for work 129 4.7
    Employed, away from work 90 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 197 14.5
    Technicians & trades workers 234 17.2
    Community & personal service workers 156 11.5
    Clerical & administrative workers 184 13.5
    Labourers 189 13.9
    Others 401 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 51 6.5
    Infants/Primary 279 35.8
    Secondary 215 27.6
    Technical or Further Educational Institution 92 11.8
    University or other Tertiary Institutions 119 15.3
    Others 23 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2778 83.5
    Semi-detached, row or terrace house, townhouse 355 10.7
    Flat, unit or apartment 182 5.5
    House or flat attached to a shop, office 10 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 515 39.9
    Being purchased 424 32.8
    Fully owned 345 26.7
    Other tenure type 7 0.5
    Tenure Type
Census 2011, ABS
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