Suburb Profile Report for Sturt SA (5047)

Sturt House: Median price $456,000, Annual capital growth 5.11%, Number of sales 57, Weekly median advertised rent $370

Sturt Unit: Median price $435,000, Annual capital growth 3.32%, Number of sales 14, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3070th in the list of Australian suburbs ordered by increase in median house value over the last year, Sturt, 5047 is in the BOTTOM 30% with a property value increase of 0.16% recorded in median house prices.

Sturt,5047 has offered an average of 0.16% return per annum in house price rises to property investors over the last three years.

The most recent median price for Sturt is $456000, with sellers offering an average of -5.08% off the asking price.

Sturt is 204th on a list of best yielding suburbs for rents in SA with a 4.22% return

Sturt, 5047 ranked 78th in SA when comparing growth in median property values or capital gain over the last 12 months. Sturt is one of 853 in our list for SA

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sturt has increased when compared to the 5 year average annual rate.

Property buyers and investors in Sturt 5047 should be seeing an average reduction in asking price of around -4.41% . This means that Sturt is holding prices well when compared to other suburbs in SA.

In the last year 14 properties changed hands in Sturt, which puts it as the 150th most active market in SA when comparing the number of sales per suburb.

Using the current median advertised rental of $385 and the average annual increase in value of a median property of 3.32%, investors should hope to achieve an overall return of 4.60%

Metrics i HOUSE UNIT
$456,000 $435,000
1.50% 1.16%
0.16% 4.19%
5.11% 3.32%
$370 $385
57 14
4.22% 4.60%
63.4 66.84

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2292
Median household income ($/weekly) 787
Median age of persons 40
Median housing loan repayment ($/monthly) 1443
Average household size 2.2
  • Census Count Percent(%)
    25-34 years 337 14.7
    35-44 years 262 11.4
    45-54 years 269 11.7
    55-64 years 296 12.9
    65-74 years 238 10.4
    Others 890 38.8
    Age Group
    Census Count Percent(%)
    Not Married 961 51.8
    Registered Married 761 41.0
    Defacto Relationship 135 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1543 69.7
    Croatia 73 3.3
    Indonesia 62 2.8
    United Kingdom 169 7.6
    Other 103 4.7
    Others 263 11.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 34 1.6
    Christianity 1280 61.6
    Hinduism 43 2.1
    Islam 79 3.8
    No Religion 623 30.0
    Others 19 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 123 13.7
    $400-$599 140 15.6
    $600-$799 119 13.2
    $800-$999 98 10.9
    $1,500-$1,999 80 8.9
    Others 340 37.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 869 46.0
    Employed, worked full-time 538 28.5
    Employed, worked part-time 324 17.1
    Unemployed, looking for work 92 4.9
    Employed, away from work 68 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 212 22.7
    Technicians & trades workers 120 12.8
    Community & personal service workers 114 12.2
    Clerical & administrative workers 145 15.5
    Sales 96 10.3
    Others 247 26.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 143 27.1
    Secondary 98 18.6
    Technical or Further Educational Institution 61 11.6
    University or other Tertiary Institutions 187 35.4
    Other type of educational institution 27 5.1
    Others 12 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1608 71.9
    Semi-detached, row or terrace house, townhouse 469 21.0
    Flat, unit or apartment 160 7.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 375 38.8
    Fully owned 301 31.1
    Being purchased 283 29.3
    Other tenure type 8 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals