Suburb Profile Report for Underdale SA (5032)

Underdale House: Median price $529,000, Annual capital growth 6.77%, Number of sales 29, Weekly median advertised rent $400

Underdale Unit: Median price $303,000, Annual capital growth 5.75%, Number of sales 15, Weekly median advertised rent $288

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

Source: CoreLogic

  • House Report
  • Unit Report

Underdale is in the bottom 30% in SA when comparing median price capital growth over the last year. Underdale gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.58%.

Across a shorter period, Underdale, 5032 has seen a median price increase of -7.11% over the last quarter.

Our latest figures would indicate that property sellers in Underdale are currently offering property investors an average price cut of -9.99% below the asking price at the moment.

On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.

Renters in Suburb are facing rents around $4800 per annum or $400 every week.

Underdale, 5032 ranked 70th in SA when comparing growth in median property values or capital gain over the last 12 months. Underdale is one of 853 in our list for SA

Underdale,5032 was ranked 273 in Australia by increase in median property value over the quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.18% offered to property buyers. Sellers in Underdale itself are offering an average vendor discount of -6.72% to real estate investors.

In the last year 15 properties changed hands in Underdale, which puts it as the 154th most active market in SA when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $3450 per annum or $287.5 every week.

HOUSE UNIT
$529,000 $303,000
-7.11% 3.95%
-1.58% 6.40%
6.77% 5.75%
$400 $288
29 15
3.93% 4.93%
95 121.73

Source: CoreLogic

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