Suburb Profile Report for Underdale SA (5032)

Underdale House: Median price $553,500, Annual capital growth 5.67%, Number of sales 30, Weekly median advertised rent $420

Underdale Unit: Median price $301,000, Annual capital growth 3.83%, Number of sales 18, Weekly median advertised rent $290

  • 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 Underdale, 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 decrease in value by -2.81%

Across a shorter period, Underdale, 5032 has seen a median price increase of 2.98% over the last quarter.

The most recent median price for Underdale is $553500, with sellers offering an average of -5.99% off the asking price.

In the last year 30 properties changed hands in Underdale, which puts it as the 301th most active market in SA when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $5040 per annum or $420 every week.

Investment property in Underdale 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 4.88%

When looking at the potential capital gains offered to property investors over the last 3 years, Underdale comes in at number 152th in SA.

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

Advertised rents are around the $290 mark per week – giving a return of 5.01% based on the median price in Suburb

Metrics i HOUSE UNIT
$553,500 $301,000
2.98% N/A
-2.81% 4.88%
5.67% 3.83%
$420 $290
30 18
3.95% 5.01%
101.81 115

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Underdale SA
Demographics
Total population 2252
Median household income ($/weekly) 1073
Median age of persons 35
Median housing loan repayment ($/monthly) 1950
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 216 9.6
    20-24 years 216 9.6
    25-34 years 410 18.2
    35-44 years 326 14.5
    45-54 years 310 13.8
    Others 774 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 826 46.2
    Not Married 816 45.7
    Defacto Relationship 145 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1457 67.5
    Indonesia 112 5.2
    Japan 101 4.7
    United Kingdom 84 3.9
    Other 93 4.3
    Others 310 14.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 73 3.5
    Christianity 1337 63.8
    Hinduism 75 3.6
    Islam 67 3.2
    No Religion 481 23.0
    Others 61 2.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 75 8.9
    $400-$599 99 11.8
    $600-$799 84 10.0
    $1,500-$1,999 100 11.9
    $2,000-$2,499 87 10.3
    Others 396 47.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 684 37.5
    Not in the labour force 620 34.0
    Employed, worked part-time 394 21.6
    Unemployed, looking for work 66 3.6
    Employed, away from work 59 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 145 12.7
    Professionals 240 21.1
    Technicians & trades workers 162 14.2
    Community & personal service workers 120 10.5
    Clerical & administrative workers 197 17.3
    Others 274 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 33 6.1
    Infants/Primary 158 29.0
    Secondary 121 22.2
    Technical or Further Educational Institution 70 12.8
    University or other Tertiary Institutions 142 26.1
    Others 21 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1550 71.6
    Flat, unit or apartment 505 23.3
    Semi-detached, row or terrace house, townhouse 110 5.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 359 39.4
    Being purchased 275 30.2
    Fully owned 265 29.1
    Other tenure type 12 1.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals