Suburb Profile Report for Lockleys SA (5032)

Lockleys House: Median price $651,500, Annual capital growth 5.32%, Number of sales 86, Weekly median advertised rent $430

Lockleys Unit: Median price $308,500, Annual capital growth 5.35%, Number of sales 27, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Lockleys, 5032 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.52%

If we look at median property appreciation over just the last three months, Lockleys has given property investors a paper return of 1.80%. This puts Suburb as 164 on a list of fastest fasting appreciating suburbs in SA

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.50% offered to property buyers. Sellers in Lockleys itself are offering an average vendor discount of -6.53% to real estate investors.

On average over the past year, suburb has had 7.17 sales per month, which equates to 86 per year.

A $430 per week rent on the median house gives suburb investors a gross yield of circa 3.43%, without taking into account capital value appreciation, which has been averaging out at 5.32%.

Giving property investors a a solid capital gain of 17.97% for the last year, Lockleys, 5032 is the 154th highest performer in Australia in this respect.

A -13.71% growth in median value for property investors in Lockleys,5032 puts this suburb at number 103th in terms of best performing suburbs in SA

Property buyers and investors in Lockleys 5032 should be seeing an average reduction in asking price of around -6.43% . This means that Lockleys is holding prices well when compared to other suburbs in SA.

Often selling an investment property can take time, and in Lockleys the average time real estate has been on the market is 82.18 days.

Advertised rents are around the $292.5 mark per week – giving a return of 4.93% based on the median price in Suburb

Metrics i HOUSE UNIT
$651,500 $308,500
1.80% 0.49%
1.52% 17.97%
5.32% 5.35%
$430 $293
86 27
3.43% 4.93%
84.97 82.18

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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