Suburb Profile Report for Daw Park SA (5041)

Daw Park House: Median price $554,750, Annual capital growth 5.93%, Number of sales 49, Weekly median advertised rent $410

Daw Park Unit: Median price $307,500, Annual capital growth 3.32%, Number of sales 36, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

SA has seen average median house prices change by 3.24% which means that Daw Park, 5041 has done well for property investors by showing a capital gain of 11.49% over the last year

While Daw Park,5041 ranked number 322th in SA for increase in median house value (annualised) increase, it is ranked 105th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Daw Park, 5041. Typically our figures indicate that -3.31% is being offered, which puts this SA suburb at 3491th most discounted overall in Australia.

Renters in Suburb are facing rents around $4920 per annum or $410 every week.

Daw Park has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -3.15% to date .

Taking the average capital gain, or increase in median house value, Daw Park,5041 has racked up an average of -3.15% over the period. This ranks it number 1150th in the whole country for real estate investors looking at median house price increases.

Daw Park5041 is located in SA which offers an average discount of -6.42% to property investors. Daw Park itself is showing figures that indicate -6.24% is the average achievable by property buyers investing in the suburb.

At number 615 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 70.09 for properties listed there.

Property investors should expect to get $292.5 weekly from the median priced house in this suburb.

Information supplied by:


March 2017

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Daw Park has considerable long-term potential, seeing as it has been on the up for the past five years. Over the December 2016 quarter, Daw Park recorded nearly 14% growth, culminating in a strong 12.5% rise for the previous 12 months. Rental yields are not very high; however, sellers profit through being able to offer discount rates lower than 5%.Full summary

Inner city suburb draws residents with accessibility

Median house price: $570,000

Three-year growth: 20.10%

Rental yield: 3.60%

Situated in the inner southern part of Adelaide, Daw Park is home to the Repatriation General Hospital, which focuses on caring for veterans.

This suburb has considerable long-term potential, seeing as it has been on the up for the past five years. Over the December 2016 quarter, Daw Park recorded nearly 14% growth, culminating in a strong 12.5% rise for the previous 12 months. Rental yields are not very high; however, sellers profit through being able to offer discount rates lower than 5%.

Daw Park is surrounded by Colonel Light Gardens, Cumberland Park and Melrose Park, providing residents with access to amenities such as parks, gardens, bicycle trails, sporting clubs and schools. Daw Park is also just roughly 15 minutes south of the Adelaide CBD via Goodwood Road, with bus services offered to commuters. This proximity adds to Daw Park’s appeal to buyers.

Close
Metrics i HOUSE UNIT
$554,750 $307,500
-0.94% 2.50%
11.49% -3.15%
5.93% 3.32%
$410 $293
49 36
3.84% 4.95%
46.26 70.09

Source: CoreLogic

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