Suburb Profile Report for Hove SA (5048)

Hove House: Median price $647,500, Annual capital growth 4.69%, Number of sales 28, Weekly median advertised rent $430

Hove Unit: Median price $437,600, Annual capital growth 6.34%, Number of sales 18, 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 poor capital gain of -10.38% for the last year, Hove, 5048 is the 3853th highest performer in Australia in this respect.

Comparing Hove,5048 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Hove is $647500, with sellers offering an average of -6.08% off the asking price.

Situated 11.59km from the CBD, Hove is one of Holdfast Bay localities in the postcode 5048.

With a capital gain of 9.40% for the last 12 months, Hove, 5048 has performed for property investments than its average annual 6.34% property growth over the last 5 years.

A 30.63% growth in median value for property investors in Hove,5048 puts this suburb at number 122th in terms of best performing suburbs in SA

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 Hove, 5048. Typically our figures indicate that -5.11% is being offered, which puts this SA suburb at 747th most discounted overall in Australia.

HOUSE UNIT
$647,500 $437,600
2.21% -1.66%
-10.38% 9.40%
4.69% 6.34%
$430 $300
28 18
3.45% 3.56%
56.53 71.45

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2939
Median household income ($/weekly) 1014
Median age of persons 51
Median housing loan repayment ($/monthly) 1600
Average household size 2.1
  • Census Count Percent(%)
    35-44 years 299 10.2
    45-54 years 372 12.7
    55-64 years 446 15.2
    65-74 years 302 10.3
    75-84 years 355 12.1
    Others 1164 39.6
    Age Group
    Census Count Percent(%)
    Registered Married 1126 50.8
    Not Married 950 42.9
    Defacto Relationship 139 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2141 75.7
    Greece 22 0.8
    Papua New Guinea 21 0.7
    United Kingdom 369 13.0
    Other 71 2.5
    Others 204 7.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.5
    Christianity 1892 70.2
    Hinduism 17 0.6
    Islam 16 0.6
    No Religion 738 27.4
    Others 18 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 115 10.2
    $400-$599 136 12.1
    $600-$799 121 10.8
    $800-$999 130 11.6
    $1,500-$1,999 143 12.7
    Others 480 42.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1156 46.7
    Employed, worked full-time 718 29.0
    Employed, worked part-time 465 18.8
    Employed, away from work 86 3.5
    Unemployed, looking for work 53 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 180 14.2
    Professionals 337 26.5
    Technicians & trades workers 147 11.6
    Community & personal service workers 145 11.4
    Clerical & administrative workers 204 16.1
    Others 257 20.2
    Occupation
    Census Count Percent(%)
    Pre-school 21 3.8
    Infants/Primary 177 31.9
    Secondary 169 30.5
    Technical or Further Educational Institution 49 8.8
    University or other Tertiary Institutions 120 21.7
    Others 18 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1868 71.5
    Semi-detached, row or terrace house, townhouse 415 15.9
    Flat, unit or apartment 331 12.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 504 41.4
    Being purchased 332 27.3
    Rented 296 24.3
    Other tenure type 85 7.0
    Tenure Type
Census 2011, ABS
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