Suburb Profile Report for Largs North SA (5016)

Largs North House: Median price $420,000, Annual capital growth 4.08%, Number of sales 80, Weekly median advertised rent $375

Largs North Unit: Median price $389,000, Annual capital growth 15.88%, Number of sales 27, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Largs North, 5016 ranked 217th in SA when comparing growth in median property values or capital gain over the last 12 months. Largs North is one of 853 in our list for SA

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.

Property buyers and investors in Largs North 5016 should be seeing an average reduction in asking price of around -5.08% . This means that Largs North is holding prices well when compared to other suburbs in SA.

Often selling an investment property can take time, and in Largs North the average time real estate has been on the market is 69.92 days.

Advertised rents are around the $375 mark per week – giving a return of 4.64% based on the median price in Suburb

With a capital gain of 39.43% for the last 12 months, Largs North, 5016 has performed for property investments than its average annual 15.88% property growth over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Largs North, 5016. Typically our figures indicate that -12.24% is being offered, which puts this SA suburb at 24th most discounted overall in Australia.

Residents and property investors in Largs North have been waiting around 86.27 days to sell a property.

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
HOUSE UNIT
$420,000 $389,000
0.36% N/A
3.70% 39.43%
4.08% 15.88%
$375 $295
80 27
4.64% 3.94%
69.92 86.27

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (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
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Recent sales & rentals