Suburb Profile Report for Fulham Gardens SA (5024)

Fulham Gardens House: Median price $634,000, Annual capital growth 4.32%, Number of sales 83, Weekly median advertised rent $440

Fulham Gardens Unit: Median price $367,500, Annual capital growth 4.19%, Number of sales 29, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 2125th in the list of Australian suburbs ordered by increase in median house value over the last year, Fulham Gardens, 5024 is in the BOTTOM 50% with a property value increase of 4.79% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Fulham Gardens,5024 has racked up an average of 4.79% over the period. This ranks it number 1892th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Fulham Gardens should be aiming for at least -3.81% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Fulham Gardens the average time real estate has been on the market is 73.26 days.

The SA suburb of Fulham Gardens, 5024 is in the Charles Sturt local government area.

SA has seen average median house prices change by 4.05% which means that Fulham Gardens, 5024 has done well for property investors by showing a capital gain of 10.53% over the last year

A 16.52% growth in median value for property investors in Fulham Gardens,5024 puts this suburb at number 74th in terms of best performing suburbs in SA

At number 7th of SA’s most discounted properties, Fulham Gardens is in the bottom 10% of the state/territory when listing in order of most discounted to least.

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
$634,000 $367,500
-0.63% 2.08%
4.79% 10.53%
4.32% 4.19%
$440 $330
83 29
3.61% 4.67%
73.26 92.8

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (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
Chart Table
Recent sales & rentals