Suburb Profile Report for Lockleys SA (5032)

Lockleys House: Median price $679,500, Annual capital growth 5.72%, Number of sales 91, Weekly median advertised rent $420

Lockleys Unit: Median price $365,000, Annual capital growth 4.67%, Number of sales 25, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2347th in the list of Australian suburbs ordered by increase in median house value over the last year, Lockleys, 5032 is in the BOTTOM 50% with a property value increase of 4.94% recorded in median house prices.

The five-year average increase in median property values for Lockleys,5032 has given property investors a potential capital gain of 24.11% across each of those five years.

Property investors looking for a bargain in Lockleys should be aiming for at least -6.73% off the asking price, which is the average vendor discount being achieved at the moment.

Lockleys, 5032’s gross rental yield is 3.21%

SA has seen average median house prices change by 3.61% which means that Lockleys, 5032 has done well for property investors by showing a capital gain of 24.79% over the last year

Lockleys,5032 was ranked 29 in Australia by increase in median property value over the quarter.

Property buyers and investors in Lockleys 5032 should be seeing an average reduction in asking price of around -4.32% . This means that Lockleys is holding prices well when compared to other suburbs in SA.

Using the current median advertised rental of $295 and the average annual increase in value of a median property of 4.67%, investors should hope to achieve an overall return of 4.20%

Metrics i HOUSE UNIT
$679,500 $365,000
0.44% 18.31%
4.94% 24.79%
5.72% 4.67%
$420 $295
91 25
3.21% 4.20%
74.67 52.17

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (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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Recent sales & rentals