Suburb Profile Report for Lockleys SA (5032)

Lockleys House: Median price $670,000, Annual capital growth 6.03%, Number of sales 85, Weekly median advertised rent $420

Lockleys Unit: Median price $305,500, Annual capital growth 5.74%, Number of sales 21, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Lockleys has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.06%

Across a shorter period, Lockleys, 5032 has seen a median price increase of 2.29% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Lockleys is offering property investors an average of -6.54. This rate of discount on properties puts Suburb at number 307th in terms of most discounted suburbs in SA

In the last year 85 properties changed hands in Lockleys, which puts it as the 82th most active market in SA when comparing the number of sales per suburb.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.26%, without taking into account capital value appreciation, which has been averaging out at 6.03%.

At number 139th in the list of Australian suburbs ordered by increase in median house value over the last year, Lockleys, 5032 is in the top 10% with a property value increase of 18.41% recorded in median house prices.

Across a shorter period, Lockleys, 5032 has seen a median price increase of 4.44% over the last quarter.

Sellers are offering property buyers an average discount of -6.33% to buyers in Lockleys at the moment, which is less than average for the rest of SA.

HOUSE UNIT
$670,000 $305,500
2.29% 4.44%
8.06% 18.41%
6.03% 5.74%
$420 $290
85 21
3.26% 4.94%
77.36 87.85

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5449
Median household income ($/weekly) 1160
Median age of persons 42
Median housing loan repayment ($/monthly) 1767
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 617 11.3
    25-34 years 621 11.4
    35-44 years 746 13.7
    45-54 years 761 14.0
    55-64 years 588 10.8
    Others 2116 38.8
    Age Group
    Census Count Percent(%)
    Registered Married 2239 53.4
    Not Married 1705 40.6
    Defacto Relationship 252 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4096 77.6
    Hong Kong 100 1.9
    Japan 204 3.9
    United Kingdom 249 4.7
    Other 157 3.0
    Others 472 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 1.6
    Christianity 3893 76.4
    Islam 33 0.6
    Other Religious Groups 49 1.0
    No Religion 1014 19.9
    Others 29 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 220 11.3
    $600-$799 193 9.9
    $800-$999 194 9.9
    $1,500-$1,999 225 11.5
    $2,000-$2,499 188 9.6
    Others 934 47.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1631 37.3
    Employed, worked full-time 1545 35.4
    Employed, worked part-time 928 21.2
    Employed, away from work 164 3.8
    Unemployed, looking for work 100 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 347 13.2
    Professionals 629 23.9
    Technicians & trades workers 316 12.0
    Clerical & administrative workers 497 18.9
    Sales 286 10.9
    Others 555 21.1
    Occupation
    Census Count Percent(%)
    Pre-school 75 5.9
    Infants/Primary 463 36.7
    Secondary 311 24.7
    Technical or Further Educational Institution 95 7.5
    University or other Tertiary Institutions 279 22.1
    Others 38 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4510 86.7
    Flat, unit or apartment 387 7.4
    Semi-detached, row or terrace house, townhouse 304 5.8
    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 913 43.6
    Being purchased 652 31.1
    Rented 481 23.0
    Other tenure type 49 2.3
    Tenure Type
Census 2011, ABS
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