Suburb Profile Report for North Haven SA (5018)

North Haven House: Median price $456,750, Annual capital growth 2.85%, Number of sales 76, Weekly median advertised rent $425

North Haven Unit: Median price $408,250, Annual capital growth 3.44%, Number of sales 36, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

North Haven, 5018 ranked 128th in SA when comparing growth in median property values or capital gain over the last 12 months. North Haven is one of 853 in our list for SA

Across a shorter period, North Haven, 5018 has seen a median price increase of 0.38% over the last quarter.

Property buyers and investors in North Haven 5018 should be seeing an average reduction in asking price of around -6.21% . This means that North Haven is holding prices well when compared to other suburbs in SA.

On average over the past year, suburb has had 6.33 sales per month, which equates to 76 per year.

Situated 18.13km from the CBD, North Haven is one of Port Adelaide Enfield localities in the postcode 5018.

If you compare the increase in value of investment property in North Haven, 5018 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -13.14%.

When looking at the potential capital gains offered to property investors over the last 3 years, North Haven comes in at number 41th in SA.

LACK OF BUYER INTEREST may well be the reason that North Haven is offering property investors an average of -6.23. This rate of discount on properties puts Suburb at number 76th in terms of most discounted suburbs in SA

Property investors should expect to get $350 weekly from the median priced house in this suburb.

YIP MAG Information supplied by:

YIP MAG
July 2016

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Just 18km northwest of Adelaide is the suburb of North┬áHaven.Full summary Just 18km northwest of Adelaide is the suburb of North Haven.

Its western side is near the coast, and the sailing community makes up a large proportion of its population.

“The area currently offers young families affordable entry-level buying in what is a highly sought-after community-inspired lifestyle,” says Kate Smith, principal at Raine & Horne Semaphore.

An indication of North Haven’s desirability is that the vacancy rate is a very low 0.9%, having dropped 0.4% from the previous year.

The unit market saw slightly stronger growth (1.5%) than the housing market (1.4%).

Units also generate a high rental yield of 4.8% and may represent an excellent investment opportunity.

“Locals favour marina-side homes generally in family-friendly cul-de-sacs. We have quality schooling and great access to public transport,” Smith continues.

“The local government has also just announced the ASC submarine contract, which will be a terrific boost to the area and to the Lefevre peninsula for the year ahead.”

Smith notes that North Haven offers family homes with three to four bedrooms and generally two bathrooms on large allotments.

Given the popularity of sailing as a town activity, residents can join either of two yacht clubs in the area.

Trains, trams and buses are the available public transport options. 

While North Haven’s growth has been slow, this growth trend may continue in the near future, especially in the unit market.Close
Metrics i HOUSE UNIT
$456,750 $408,250
0.38% -6.15%
7.47% -13.14%
2.85% 3.44%
$425 $350
76 36
4.84% 4.46%
78.85 71.7

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in North Haven SA
Demographics
Total population 5797
Median household income ($/weekly) 1342
Median age of persons 45
Median housing loan repayment ($/monthly) 1690
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 609 10.5
    25-34 years 572 9.9
    35-44 years 660 11.4
    45-54 years 1036 17.9
    55-64 years 1085 18.7
    Others 1836 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 2445 53.3
    Not Married 1667 36.4
    Defacto Relationship 471 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4389 79.0
    Greece 61 1.1
    Japan 61 1.1
    United Kingdom 599 10.8
    Other 103 1.9
    Others 341 6.1
    Country of Birth
    Census Count Percent(%)
    Christianity 3758 70.7
    No Religion 1475 27.7
    Buddhism 33 0.6
    Islam 31 0.6
    Other Religious Groups 20 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 196 9.7
    $600-$799 181 8.9
    $1,250-$1,499 180 8.9
    $1,500-$1,999 296 14.6
    $2,000-$2,499 241 11.9
    Others 935 46.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2010 42.3
    Not in the labour force 1500 31.6
    Employed, worked part-time 904 19.0
    Employed, away from work 200 4.2
    Unemployed, looking for work 140 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 369 11.9
    Professionals 433 13.9
    Technicians & trades workers 494 15.9
    Community & personal service workers 329 10.6
    Clerical & administrative workers 608 19.5
    Others 880 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 67 5.7
    Infants/Primary 427 36.4
    Secondary 355 30.2
    Technical or Further Educational Institution 118 10.1
    University or other Tertiary Institutions 177 15.1
    Others 30 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4242 77.2
    Semi-detached, row or terrace house, townhouse 857 15.6
    Flat, unit or apartment 371 6.8
    Caravan, cabin, houseboat 23 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 915 41.6
    Being purchased 861 39.2
    Rented 385 17.5
    Other tenure type 36 1.6
    Tenure Type
Census 2011, ABS
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