Suburb Profile Report for Daw Park SA (5041)

Daw Park House: Median price $527,500, Annual capital growth 5.77%, Number of sales 34, Weekly median advertised rent $395

Daw Park Unit: Median price $301,500, Annual capital growth 3.72%, Number of sales 27, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Daw Park have tracked close to the SA average of 3.04% over the last 12 months.

Daw Park,5041 has offered an average of 3.43% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Daw Park are currently offering property investors an average price cut of -3.81% below the asking price at the moment.

Situated 6.36km from the CBD, Daw Park is one of Mitcham localities in the postcode 5041.

Property investors who have had real estate in Daw Park, 5041 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 decrease in value by -4.59%

Taking the average capital gain, or increase in median house value, Daw Park,5041 has racked up an average of -4.59% over the period. This ranks it number 1041th 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 -6.11% to property investors. Daw Park itself is showing figures that indicate -7.41% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Daw Park being $301500 and the advertised rent reaching $285 the gross rental yield for property investors calculates out to be 4.92%

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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
$527,500 $301,500
6.78% N/A
3.43% -4.59%
5.77% 3.72%
$395 $285
34 27
3.89% 4.92%
52.43 71.77

Source: CoreLogic

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