Suburb Profile Report for Lockleys SA (5032)

Lockleys House: Median price $661,250, Annual capital growth 5.59%, Number of sales 95, Weekly median advertised rent $433

Lockleys Unit: Median price $310,000, Annual capital growth 5.41%, Number of sales 26, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Lockleys has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.19%

Across a shorter period, Lockleys, 5032 has seen a median price increase of 3.32% over the last quarter.

The most recent median price for Lockleys is $661250, with sellers offering an average of -7.04% off the asking price.

Using the current median advertised rental of $432.5 and the average annual increase in value of a median property of 5.59%, investors should hope to achieve an overall return of 3.40%

At number 820th in the list of Australian suburbs ordered by increase in median house value over the last year, Lockleys, 5032 is in the top half with a property value increase of 3.33% recorded in median house prices.

Across a shorter period, Lockleys, 5032 has seen a median price increase of 0.49% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Lockleys is offering property investors an average of -6.37. This rate of discount on properties puts Suburb at number 123th in terms of most discounted suburbs in SA

Lockleys, 5032’s gross rental yield is 4.91%

Metrics i HOUSE UNIT
$661,250 $310,000
3.32% 0.49%
1.19% 3.33%
5.59% 5.41%
$433 $293
95 26
3.40% 4.91%
88.24 59.44

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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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