Suburb Profile Report for Largs North SA (5016)

Largs North House: Median price $448,250, Annual capital growth 3.44%, Number of sales 79, Weekly median advertised rent $375

Largs North Unit: Median price $297,500, Annual capital growth 8.52%, Number of sales 18, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

With a capital gain of 5.16% for the last 12 months, Largs North, 5016 has performed for property investments than its average annual 3.44% property growth over the last 5 years.

Largs North,5016 has offered an average of 5.16% return per annum in house price rises to property investors over the last three years.

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 Largs North itself are offering an average vendor discount of -6.20% to real estate investors.

Property investors who have had real estate in Largs North, 5016 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -23.52%

Our latest figures would indicate that property sellers in Largs North are currently offering property investors an average price cut of -8.24% below the asking price at the moment.

In the last year 18 properties changed hands in Largs North, which puts it as the 117th most active market in SA when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $3240 per annum or $270 every week.

Tom Walsh Information supplied by:

Tom Walsh
Walsh Real Estate

M 08 8242 3830
O 0412 844 861

W www.walshre.com.au
E tom@walshre.com.au
Largs North is in the TOP 10% in SA when comparing median price capital growth over the last year. Largs North gave property investors a very good capital gain figure when compared to the rest of the state, with 11.04%.

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

Largs North, 5016 is offering SA ‘s 404th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this SA.

Residents and property investors in Largs North have been waiting around 82.42 days to sell a property.

Situated 15.08km from the CBD, Largs North is one of Port Adelaide Enfield localities in the postcode 5016.Full summary
Largs North is in the TOP 10% in SA when comparing median price capital growth over the last year. Largs North gave property investors a very good capital gain figure when compared to the rest of the state, with 11.04%.
 
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Largs North has increased when compared to the 5 year average annual rate.
 
Largs North, 5016 is offering SA ‘s 404th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this SA.
 
Residents and property investors in Largs North have been waiting around 82.42 days to sell a property.
 
Situated 15.08km from the CBD, Largs North is one of Port Adelaide Enfield localities in the postcode 5016.
 
Selling points: 
  • Close to beach and CBD
  • Many varied styles of homes and post war with large blocks
 
Most sought-after properties: 
Old style villas and bungalows and corner blocks
 
Most common properties:  
Post war homes

Top amenities: 
Beach
 
Local industry and business:
ASC and Naval hub
 
Recent changes: 
Sub-divisions (Medium to small) 
 
Best streets: 
Esplanade, Military Road, Alexander Street, Anthony Street
 
Public transport: 
Both bus and train 
 
Main arteries: 
Port/ Torrens roads

 

Close
Metrics i HOUSE UNIT
$448,250 $297,500
3.88% -14.02%
5.16% -23.52%
3.44% 8.52%
$375 $270
79 18
4.35% 4.72%
90.9 57.28

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Largs North SA
Demographics
Total population 3270
Median household income ($/weekly) 1046
Median age of persons 43
Median housing loan repayment ($/monthly) 1664
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 366 11.2
    25-34 years 359 11.0
    35-44 years 431 13.2
    45-54 years 483 14.8
    55-64 years 374 11.4
    Others 1258 38.5
    Age Group
    Census Count Percent(%)
    Registered Married 1135 46.6
    Not Married 1058 43.4
    Defacto Relationship 242 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2535 81.8
    Greece 36 1.2
    Papua New Guinea 31 1.0
    United Kingdom 289 9.3
    Other 45 1.5
    Others 162 5.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 25 0.8
    Christianity 1983 67.2
    Hinduism 7 0.2
    Islam 14 0.5
    No Religion 908 30.7
    Others 16 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 125 10.5
    $400-$599 155 13.1
    $800-$999 114 9.6
    $1,500-$1,999 152 12.8
    $2,000-$2,499 129 10.9
    Others 511 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1022 38.9
    Employed, worked full-time 964 36.7
    Employed, worked part-time 467 17.8
    Employed, away from work 98 3.7
    Unemployed, looking for work 79 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 274 18.0
    Technicians & trades workers 246 16.2
    Community & personal service workers 171 11.2
    Clerical & administrative workers 278 18.3
    Labourers 160 10.5
    Others 394 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 36 5.8
    Infants/Primary 250 40.2
    Secondary 168 27.0
    Technical or Further Educational Institution 67 10.8
    University or other Tertiary Institutions 87 14.0
    Others 14 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2581 87.0
    Semi-detached, row or terrace house, townhouse 193 6.5
    Flat, unit or apartment 188 6.3
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 493 38.7
    Fully owned 446 35.0
    Rented 317 24.9
    Other tenure type 18 1.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals