Suburb Profile Report for Edwardstown SA (5039)

Edwardstown House: Median price $471,500, Annual capital growth 4.99%, Number of sales 67, Weekly median advertised rent $365

Edwardstown Unit: Median price $370,500, Annual capital growth 5.72%, Number of sales 33, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property investors who have had real estate in Edwardstown, 5039 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 2.50%

The five-year average increase in median property values for Edwardstown,5039 has given property investors a potential capital gain of 15.00% across each of those five years.

Vendor discounting in Edwardstown is giving property investors an average Vendor Discount of around -4.69%. This puts suburb at number 323th in SA when ranking the most discounted suburbs.

Situated 6.32km from the CBD, Edwardstown is one of Marion localities in the postcode 5039.

SA has seen average median house prices change by 4.05% which means that Edwardstown, 5039 has done well for property investors by showing a capital gain of 0.41% over the last year

LACK OF BUYER INTEREST may well be the reason that Edwardstown is offering property investors an average of -6.42. This rate of discount on properties puts Suburb at number 51th in terms of most discounted suburbs in SA

On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.

The SA suburb of Edwardstown, 5039 is in the Marion local government area.

Information supplied by:




M
O

W
E
Edwardstown lies about 7km south-west of the Adelaide CBD, in the up and coming Marion city council area.Full summary

Edwardstown lies about 7km south-west of the Adelaide CBD, in the up and coming Marion city council area.

Getting in and out of Edwardstown is very convenient via the suburb’s two train stations or the major Adelaide artery, the South Road.

Houses dominate the property market, taking a 59.7% share of all occupied dwellings at the last ABS census, and this is one of the reasons why the area has a strong rental market amongst students, explains property author and academic Peter Koulizos.

“It’s popular with university students because of its relatively cheap rent and the dominance of houses – four or five students can rent out one house and keep their rental costs down,” he says. “It’s relatively close to Flinders University down South Road and the universities within the city”.

He warns however to steer clear of the industrial part of Edwardstown, where there have been contamination issues.

“It’s pretty well located and has some very good facilities, but you’ve got to be careful which part of Edwardstown you buy in,” he says.

Close
Metrics i HOUSE UNIT
$471,500 $370,500
1.58% N/A
2.50% 0.41%
4.99% 5.72%
$365 $270
67 33
4.03% 3.79%
40.43 92.57

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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
Chart Table
Recent sales & rentals