Suburb Profile Report for Daw Park SA (5041)

Daw Park House: Median price $543,750, Annual capital growth 6.15%, Number of sales 45, Weekly median advertised rent $403

Daw Park Unit: Median price $301,500, Annual capital growth 3.47%, Number of sales 32, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 1585th in the list of Australian suburbs ordered by increase in median house value over the last year, Daw Park, 5041 is in the top 40% with a property value increase of 6.62% recorded in median house prices.

Daw Park,5041 has offered an average of 6.62% return per annum in house price rises to property investors over the last three years.

The most recent median price for Daw Park is $543750, with sellers offering an average of -4.10% off the asking price.

In the last year 45 properties changed hands in Daw Park, which puts it as the 209th most active market in SA when comparing the number of sales per suburb.

Situated 6.28km from the CBD, Daw Park is one of Mitcham localities in the postcode 5041.

Giving property investors a a poor capital gain of -6.87% for the last year, Daw Park, 5041 is the 1503th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Daw Park has increased when compared to the 5 year average annual rate.

Property buyers and investors in Daw Park 5041 should be seeing an average reduction in asking price of around -6.85% . This means that Daw Park is holding prices well when compared to other suburbs in SA.

At number 668 in a list of fastest selling suburbs, Daw Park is just in the top half of suburbs in Australia with an average of days on market 74.03 for properties listed there.

Advertised rents are around the $290 mark per week – giving a return of 5.00% based on the median price in Suburb

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Located just 7 km from Adelaide CBD, Daw Park offers renovators a wide range of properties in need of renovations says Prue Muirhead, Your Investment Property Investor of the Year Award winner for 2009.Full summary

Located just 7 km from Adelaide CBD, Daw Park offers renovators a wide range of properties in need of renovations says Prue Muirhead, Your Investment Property Investor of the Year Award winner for 2009.

“The suburb has had no capital growth in the past 12 months (as per April 2011 YIP magazine) and I would expect this suburb to have a correction and jump shortly as the surrounding areas have seen an average of 11% capital growth over the same period,” says Muirhead.

The suburb is popular among families and students because of its proximity to Flinders and Adelaide University. It’s also got good public transport options and has a wide range of retail amenities.

Close
HOUSE UNIT
$543,750 $301,500
4.77% 0.50%
6.62% -6.87%
6.15% 3.47%
$403 $290
45 32
3.85% 5.00%
52.75 74.03

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Daw Park SA
Demographics
Total population 2440
Median household income ($/weekly) 1026
Median age of persons 37
Median housing loan repayment ($/monthly) 1560
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 279 11.4
    25-34 years 371 15.2
    35-44 years 425 17.4
    45-54 years 295 12.1
    55-64 years 229 9.4
    Others 841 34.5
    Age Group
    Census Count Percent(%)
    Not Married 878 49.5
    Registered Married 743 41.9
    Defacto Relationship 154 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1772 77.5
    Hong Kong 41 1.8
    Indonesia 38 1.7
    United Kingdom 104 4.6
    Other 81 3.5
    Others 249 10.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 1.4
    Christianity 1365 61.2
    Hinduism 28 1.3
    Islam 33 1.5
    No Religion 742 33.3
    Others 31 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 110 11.8
    $600-$799 111 11.9
    $800-$999 96 10.3
    $1,500-$1,999 112 12.0
    $2,000-$2,499 84 9.0
    Others 421 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 722 37.7
    Not in the labour force 685 35.8
    Employed, worked part-time 363 19.0
    Employed, away from work 84 4.4
    Unemployed, looking for work 60 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 127 10.8
    Professionals 354 30.2
    Technicians & trades workers 133 11.4
    Community & personal service workers 115 9.8
    Clerical & administrative workers 200 17.1
    Others 242 20.7
    Occupation
    Census Count Percent(%)
    Pre-school 37 6.2
    Infants/Primary 208 34.7
    Secondary 112 18.7
    Technical or Further Educational Institution 55 9.2
    University or other Tertiary Institutions 170 28.4
    Others 17 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1630 72.4
    Flat, unit or apartment 476 21.1
    Semi-detached, row or terrace house, townhouse 130 5.8
    House or flat attached to a shop, office 16 0.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 351 35.3
    Rented 320 32.2
    Fully owned 316 31.8
    Other tenure type 7 0.7
    Tenure Type
Census 2011, ABS
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