Suburb Profile Report for Edwardstown SA (5039)

Edwardstown House: Median price $474,000, Annual capital growth 4.78%, Number of sales 62, Weekly median advertised rent $365

Edwardstown Unit: Median price $366,250, Annual capital growth 5.86%, Number of sales 31, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Edwardstown is an average performer in SA when comparing median price capital growth over the last year. Edwardstown gave property investors a average capital gain figure when compared to the rest of the state, with 2.49%.

Over the longer term, Edwardstown has seen property prices show investors a 12.19% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Edwardstown 5039 should be seeing an average reduction in asking price of around -3.29% . This means that Edwardstown is holding prices well when compared to other suburbs in SA.

Edwardstown, 5039’s gross rental yield is 4.00%

If you compare the increase in value of investment property in Edwardstown, 5039 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -2.33%.

The five-year average increase in median property values for Edwardstown,5039 has given property investors a potential capital gain of 15.35% across each of those five years.

Property investors looking for a bargain in Edwardstown should be aiming for at least -7.38% off the asking price, which is the average vendor discount being achieved at the moment.

At number 755 in a list of fastest selling suburbs, Edwardstown is just in the bottom half of suburbs in Australia with an average of days on market 77.12 for properties listed there.

With the median price for a house in Edwardstown being $366250 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 3.83%

Information supplied by:


May 2017

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Just 6km southwest of Adelaide, the suburb of Edwardstown is climbing in value. Median house prices here are just shy of $450,000, whereas the median unit value approaches $300,000, an increase of 4.4%.Full summary

Just 6km southwest of Adelaide, the suburb of Edwardstown is climbing in value.

Median house prices here are just shy of $450,000, whereas the median unit value approaches $300,000, an increase of 4.4%. Growth can be attributed to Edwardstown’s location and affordability.

The suburb houses the Castle Plaza Shopping Centre, providing residents with many necessary amenities. There is also a medical centre. 

Edwardstown is surrounded by suburbs like Clovelly Park, which is home to several schools and reserves.

By bus, Adelaide is roughly 20 minutes from Edwardstown. Commuters can also take the train from Edwardstown Railway Station, which serves the Seaford and Tonsley lines.

Close
Metrics i HOUSE UNIT
$474,000 $366,250
0.21% -1.15%
2.49% -2.33%
4.78% 5.86%
$365 $270
62 31
4.00% 3.83%
34.83 77.12

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Edwardstown SA
Demographics
Total population 3948
Median household income ($/weekly) 840
Median age of persons 37
Median housing loan repayment ($/monthly) 1460
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 366 9.3
    25-34 years 666 16.9
    35-44 years 521 13.2
    45-54 years 546 13.8
    55-64 years 467 11.8
    Others 1381 35.0
    Age Group
    Census Count Percent(%)
    Not Married 1774 55.6
    Registered Married 1113 34.9
    Defacto Relationship 302 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2848 75.1
    Croatia 119 3.1
    Indonesia 89 2.3
    United Kingdom 154 4.1
    Other 184 4.8
    Others 400 10.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 2.6
    Christianity 2144 60.1
    Islam 58 1.6
    Other Religious Groups 63 1.8
    No Religion 1166 32.7
    Others 42 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 225 13.6
    $400-$599 224 13.6
    $600-$799 165 10.0
    $800-$999 154 9.3
    $1,500-$1,999 181 11.0
    Others 703 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1275 39.0
    Employed, worked full-time 1086 33.2
    Employed, worked part-time 651 19.9
    Unemployed, looking for work 138 4.2
    Employed, away from work 120 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 407 21.9
    Technicians & trades workers 262 14.1
    Community & personal service workers 188 10.1
    Clerical & administrative workers 295 15.9
    Labourers 229 12.3
    Others 477 25.7
    Occupation
    Census Count Percent(%)
    Pre-school 49 5.3
    Infants/Primary 236 25.6
    Secondary 208 22.5
    Technical or Further Educational Institution 98 10.6
    University or other Tertiary Institutions 302 32.7
    Others 30 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2630 69.5
    Semi-detached, row or terrace house, townhouse 671 17.7
    Flat, unit or apartment 482 12.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 821 46.5
    Being purchased 509 28.9
    Fully owned 423 24.0
    Other tenure type 11 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals