Suburb Profile Report for Fulham Gardens SA (5024)

Fulham Gardens House: Median price $639,000, Annual capital growth 4.35%, Number of sales 76, Weekly median advertised rent $440

Fulham Gardens Unit: Median price $367,500, Annual capital growth 5.26%, Number of sales 29, Weekly median advertised rent $328

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

With a capital gain of 5.62% for the last 12 months, Fulham Gardens, 5024 has performed for property investments than its average annual 4.35% property growth over the last 5 years.

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

The most recent median price for Fulham Gardens is $639000, with sellers offering an average of -3.46% off the asking price.

Using the current median advertised rental of $440 and the average annual increase in value of a median property of 4.35%, investors should hope to achieve an overall return of 3.58%

If you compare the increase in value of investment property in Fulham Gardens, 5024 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 18.55%.

Fulham Gardens,5024 has offered an average of 18.55% return per annum in house price rises to property investors over the last three years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.37% offered to property buyers. Sellers in Fulham Gardens itself are offering an average vendor discount of -9.35% to real estate investors.

Advertised rents are around the $327.5 mark per week – giving a return of 4.63% based on the median price in Suburb

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
$639,000 $367,500
-0.16% N/A
5.62% 18.55%
4.35% 5.26%
$440 $328
76 29
3.58% 4.63%
67.92 87.95

Source: CoreLogic

DSR Score for property investment : Balanced (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