Suburb Profile Report for Sturt SA (5047)

Sturt House: Median price $460,000, Annual capital growth 5.44%, Number of sales 45, Weekly median advertised rent $380

Sturt Unit: Median price $420,000, Annual capital growth 4.19%, Number of sales 18, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

SA has seen average median house prices change by 3.04% which means that Sturt, 5047 has done well for property investors by showing a capital gain of 12.20% over the last year

While Sturt,5047 ranked number 65th in SA for increase in median house value (annualised) increase, it is ranked 113th over the last 5 years.

Vendor discounting in Sturt is giving property investors an average Vendor Discount of around -3.84%. This puts suburb at number 358th in SA when ranking the most discounted suburbs.

Sturt is 210th on a list of best yielding suburbs for rents in SA with a 4.30% return

Property value increases in Sturt have tracked just lower than the SA average of 4.27% over the last 12 months.

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 Sturt, 5047. Typically our figures indicate that -4.23% is being offered, which puts this SA suburb at 1017th most discounted overall in Australia.

In the last year 18 properties changed hands in Sturt, which puts it as the 122th most active market in SA when comparing the number of sales per suburb.

A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.83%, without taking into account capital value appreciation, which has been averaging out at 4.19%.

HOUSE UNIT
$460,000 $420,000
4.49% N/A
12.20% -0.24%
5.44% 4.19%
$380 $390
45 18
4.30% 4.83%
57.96 97.27

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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