Suburb Profile Report for Marion SA (5043)

Marion House: Median price $485,000, Annual capital growth 4.59%, Number of sales 63, Weekly median advertised rent $380

Marion Unit: Median price $393,000, Annual capital growth 5.84%, Number of sales 20, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report
  • Unit Report

Marion has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 4.06% to date .

The five-year average increase in median property values for Marion,5043 has given property investors a potential capital gain of 12.27% across each of those five 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 Marion, 5043. Typically our figures indicate that -6.07% is being offered, which puts this SA suburb at 1820th most discounted overall in Australia.

Property investors should expect to get $380 weekly from the median priced house in this suburb.

Marion is an average performer in SA when comparing median price capital growth over the last year. Marion gave property investors a average capital gain figure when compared to the rest of the state, with 5.65%.

When looking at the potential capital gains offered to property investors over the last 3 years, Marion comes in at number 15th in SA.

Our latest figures would indicate that property sellers in Marion are currently offering property investors an average price cut of -3.42% below the asking price at the moment.

At number 227 in a list of fastest selling suburbs, Marion is in the TOP 20% of suburbs in Australia with an average of days on market 49.85 for properties listed there.

HOUSE UNIT
$485,000 $393,000
4.41% 5.65%
4.06% 5.65%
4.59% 5.84%
$380 $293
63 20
4.07% 3.87%
71.63 49.85

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 3760
Median household income ($/weekly) 919
Median age of persons 47
Median housing loan repayment ($/monthly) 1500
Average household size 2.2
  • Census Count Percent(%)
    35-44 years 417 11.1
    45-54 years 425 11.3
    55-64 years 432 11.5
    65-74 years 442 11.8
    75-84 years 417 11.1
    Others 1627 43.3
    Age Group
    Census Count Percent(%)
    Registered Married 1471 51.7
    Not Married 1208 42.4
    Defacto Relationship 168 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2656 73.9
    Croatia 69 1.9
    Indonesia 51 1.4
    United Kingdom 301 8.4
    Other 134 3.7
    Others 381 10.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 60 1.8
    Christianity 2216 66.6
    Islam 49 1.5
    Other Religious Groups 27 0.8
    No Religion 939 28.2
    Others 35 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 150 10.7
    $400-$599 196 14.0
    $600-$799 173 12.3
    $800-$999 148 10.6
    $1,500-$1,999 152 10.8
    Others 583 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1569 50.2
    Employed, worked full-time 882 28.2
    Employed, worked part-time 507 16.2
    Unemployed, looking for work 90 2.9
    Employed, away from work 75 2.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 367 25.1
    Technicians & trades workers 187 12.8
    Community & personal service workers 158 10.8
    Clerical & administrative workers 251 17.2
    Labourers 149 10.2
    Others 350 23.9
    Occupation
    Census Count Percent(%)
    Pre-school 41 5.2
    Infants/Primary 261 32.8
    Secondary 229 28.8
    Technical or Further Educational Institution 67 8.4
    University or other Tertiary Institutions 184 23.1
    Others 13 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2635 78.0
    Semi-detached, row or terrace house, townhouse 564 16.7
    Flat, unit or apartment 176 5.2
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 637 42.8
    Being purchased 406 27.3
    Rented 355 23.8
    Other tenure type 91 6.1
    Tenure Type
Census 2011, ABS
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