Suburb Profile Report for Fulham Gardens SA (5024)

Fulham Gardens House: Median price $630,000, Annual capital growth 4.11%, Number of sales 75, Weekly median advertised rent $440

Fulham Gardens Unit: Median price $365,000, Annual capital growth 4.46%, Number of sales 28, Weekly median advertised rent $345

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Fulham Gardens have tracked close to the SA average of 3.56% over the last 12 months.

Over the longer term, Fulham Gardens has seen property prices show investors a 18.87% return over the last 3 years. This is worse than over the last 12 months

Fulham Gardens, 5024 is offering SA ‘s 357th 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.

Property investors should expect to get $440 weekly from the median priced house in this suburb.

Giving property investors a an average capital gain of 1.39% for the last year, Fulham Gardens, 5024 is the 1028th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Fulham Gardens comes in at number 152th in SA.

Our latest figures would indicate that property sellers in Fulham Gardens are currently offering property investors an average price cut of -9.79% below the asking price at the moment.

Fulham Gardens is 70th on a list of best yielding suburbs for rents in SA with a 4.92% return

Information supplied by:


April 2017

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Situated in the western part of the Adelaide metropolitan area, Fulham Gardens is flourishing in a market that had faced struggles in past years. Prices have been rising steadily over a five-year period. In the January 2017 quarter alone, there was over 5% growth.Full summary

Nature-loving suburb blooms
Median house price: $634,000
Vacancy rate: 1.01%
Three-year growth: 32.08%

Situated in the western part of the Adelaide metropolitan area, Fulham Gardens is flourishing in a market that had faced struggles in past years.

Prices have been rising steadily over a five-year period. In the January 2017 quarter alone, there was over 5% growth. The average vacancy rate slipped from 1.27% in 2016 to just 1.01%, indicating that while rental yields are not very high at 3.7%, investors can expect a steady stream of occupants. Vendors also benefit from the ability to offer low average discounts of 5.12%.

Fulham Gardens has a shopping centre composed of small shops, a bakery and dining establishments. The suburb also houses part of Torrens Linear Park, along with various smaller reserves.

Locals can travel to the Adelaide CBD by car through Tapleys Hill Road and Grange Road. Grange Road also leads to the beach. The Adelaide Metro has bus routes running through this suburb as well.
 

Close
Metrics i HOUSE UNIT
$630,000 $365,000
-0.63% -0.68%
2.65% 1.39%
4.11% 4.46%
$440 $345
75 28
3.63% 4.92%
74.13 78

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Fulham Gardens SA
Demographics
Total population 5877
Median household income ($/weekly) 1103
Median age of persons 44
Median housing loan repayment ($/monthly) 1600
Average household size 2.5
  • Census Count Percent(%)
    25-34 years 602 10.2
    35-44 years 762 13.0
    45-54 years 823 14.0
    55-64 years 734 12.5
    65-74 years 731 12.4
    Others 2225 37.9
    Age Group
    Census Count Percent(%)
    Registered Married 2731 57.4
    Not Married 1816 38.2
    Defacto Relationship 213 4.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3901 68.8
    Hong Kong 269 4.7
    Japan 454 8.0
    United Kingdom 240 4.2
    Other 234 4.1
    Others 571 10.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 78 1.4
    Christianity 4446 80.4
    Islam 62 1.1
    Other Religious Groups 89 1.6
    No Religion 813 14.7
    Others 40 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 267 12.9
    $600-$799 220 10.6
    $1,000-$1,249 188 9.1
    $1,500-$1,999 263 12.7
    $2,000-$2,499 197 9.5
    Others 942 45.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1969 40.4
    Employed, worked full-time 1638 33.6
    Employed, worked part-time 999 20.5
    Employed, away from work 153 3.1
    Unemployed, looking for work 112 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 321 11.5
    Professionals 535 19.2
    Technicians & trades workers 407 14.6
    Clerical & administrative workers 517 18.5
    Sales 337 12.1
    Others 674 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 62 5.1
    Infants/Primary 420 34.7
    Secondary 347 28.7
    Technical or Further Educational Institution 90 7.4
    University or other Tertiary Institutions 252 20.8
    Others 38 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4962 87.4
    Semi-detached, row or terrace house, townhouse 411 7.2
    Flat, unit or apartment 302 5.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1193 54.2
    Being purchased 558 25.4
    Rented 438 19.9
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals