Suburb Profile Report for Marion SA (5043)

Marion House: Median price $503,500, Annual capital growth 4.77%, Number of sales 58, Weekly median advertised rent $380

Marion Unit: Median price $417,000, Annual capital growth 6.57%, Number of sales 24, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 8.38% for the last year, Marion, 5043 is the 1639th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Marion comes in at number 162th in SA.

LACK OF BUYER INTEREST may well be the reason that Marion is offering property investors an average of -6.34. This rate of discount on properties puts Suburb at number 310th in terms of most discounted suburbs in SA

Often selling an investment property can take time, and in Marion the average time real estate has been on the market is 59.45 days.

Marion is 251th on a list of best yielding suburbs for rents in SA with a 3.92% return

Marion, 5043 ranked 31th in SA when comparing growth in median property values or capital gain over the last 12 months. Marion is one of 853 in our list for SA

Over the longer term, Marion has seen property prices show investors a 36.95% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Marion is offering property investors an average of -6.37. This rate of discount on properties puts Suburb at number 107th in terms of most discounted suburbs in SA

Advertised rents are around the $300 mark per week – giving a return of 3.74% based on the median price in Suburb

Metrics i HOUSE UNIT
$503,500 $417,000
3.71% 2.96%
8.38% 16.97%
4.77% 6.57%
$380 $300
58 24
3.92% 3.74%
59.45 41.55

Source: CoreLogic

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