Suburb Profile Report for Daw Park SA (5041)

Daw Park House: Median price $554,750, Annual capital growth 5.90%, Number of sales 51, Weekly median advertised rent $410

Daw Park Unit: Median price $300,751, Annual capital growth 3.28%, Number of sales 36, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

With a capital gain of 11.49% for the last 12 months, Daw Park, 5041 has performed for property investments than its average annual 5.90% property growth over the last 5 years.

The five-year average increase in median property values for Daw Park,5041 has given property investors a potential capital gain of 20.60% across each of those five years.

Property investors looking for a bargain in Daw Park should be aiming for at least -3.31% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $410 mark per week – giving a return of 3.84% based on the median price in Suburb

Daw Park, 5041 ranked 150th in SA when comparing growth in median property values or capital gain over the last 12 months. Daw Park is one of 853 in our list for SA

Comparing Daw Park,5041 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

At number 107th of SA’s most discounted properties, Daw Park is in the TOP 40% of the state/territory when listing in order of most discounted to least.

A $295 per week rent on the median house gives suburb investors a gross yield of circa 5.10%, without taking into account capital value appreciation, which has been averaging out at 3.28%.

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 $300,751
1.79% -0.25%
11.49% -8.17%
5.90% 3.28%
$410 $295
51 36
3.84% 5.10%
46.26 69.65

Source: CoreLogic

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