Suburb Profile Report for Sturt SA (5047)

Sturt House: Median price $450,000, Annual capital growth 4.65%, Number of sales 53, Weekly median advertised rent $375

Sturt Unit: Median price $421,250, Annual capital growth 3.34%, Number of sales 13, 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 3.22% which means that Sturt, 5047 has done well for property investors by showing a capital gain of 2.07% over the last year

If we look at median property appreciation over just the last three months, Sturt has given property investors a paper return of 0.17%. This puts Suburb as 253 on a list of fastest fasting appreciating suburbs in SA

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.34% offered to property buyers. Sellers in Sturt itself are offering an average vendor discount of -6.03% to real estate investors.

With the median price for a house in Sturt being $450000 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 4.33%

Over the last year, property investments in Sturt, 5047 have given investors a capital gain of 0.30%. This compares averagely with the 3.99% for SA as a whole.

Sturt,5047 has offered an average of 0.30% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Sturt 5047 should be seeing an average reduction in asking price of around -3.00% . This means that Sturt is holding prices well when compared to other suburbs in SA.

Sturt, 5047’s gross rental yield is 4.81%

Metrics i HOUSE UNIT
$450,000 $421,250
0.17% N/A
2.07% 0.30%
4.65% 3.34%
$375 $390
53 13
4.33% 4.81%
71.02 62

Source: CoreLogic

DSR Score for property investment : Above average (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