Suburb Profile Report for Marino SA (5049)

Marino House: Median price $592,000, Annual capital growth 6.06%, Number of sales 42, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Expert Report

Marino, 5049 ranked 364th in SA when comparing growth in median property values or capital gain over the last 12 months. Marino is one of 853 in our list for SA

Across a shorter period, Marino, 5049 has seen a median price increase of 5.71% over the last quarter.

Sellers are offering property buyers an average discount of -8.39% to buyers in Marino at the moment, which is less than average for the rest of SA.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.69%, without taking into account capital value appreciation, which has been averaging out at 6.06%.

YIP MAG Information supplied by:

YIP MAG
July 2016

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Around 18km south of Adelaide and on the eastern shore of Gulf St Vincent, the suburb of Marino is moving along nicely.Full summary Around 18km south of Adelaide and on the eastern shore of Gulf St Vincent, the suburb of Marino is moving along nicely.

While growth has been flat in recent years, there are some signs that things are beginning to pick up, with the median house price drawing closer to $650,000, having increased 19% in the past 12 months.

Over the past three years, prices have grown 22%, and owners in Marino will be hoping to see that continue, with rental yields currently on the low side in the suburb, at just 3%.

Marino is a suburb that would likely suit somebody looking for somewhat of sea change.

Seacliff Beach is just a short stroll away, while commuters can be in the centre of Adelaide in around half an hour either by car or train.

Properties on Spinks Road and Jervois Terrace may be ones to avoid due to their proximity to quarrying and concrete operations.Close
HOUSE UNIT
$592,000 N/A
5.71% N/A
-2.55% N/A
6.06% N/A
$420 N/A
42 N/A
3.69% N/A
76.05 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2001
Median household income ($/weekly) 1522
Median age of persons 45
Median housing loan repayment ($/monthly) 1753
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 205 10.2
    35-44 years 268 13.4
    45-54 years 333 16.6
    55-64 years 342 17.1
    65-74 years 210 10.5
    Others 644 32.2
    Age Group
    Census Count Percent(%)
    Registered Married 808 52.3
    Not Married 571 37.0
    Defacto Relationship 165 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1411 72.7
    Greece 20 1.0
    Papua New Guinea 36 1.9
    United Kingdom 272 14.0
    Other 45 2.3
    Others 157 8.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 0.9
    Christianity 1120 61.8
    Islam 6 0.3
    Judaism 8 0.4
    No Religion 659 36.4
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 61 8.9
    $800-$999 59 8.6
    $1,500-$1,999 100 14.5
    $2,000-$2,499 75 10.9
    $2,500-$2,999 64 9.3
    Others 329 47.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 644 38.8
    Not in the labour force 508 30.6
    Employed, worked part-time 392 23.6
    Employed, away from work 66 4.0
    Unemployed, looking for work 51 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 140 12.7
    Professionals 322 29.2
    Technicians & trades workers 137 12.4
    Clerical & administrative workers 176 16.0
    Sales 114 10.3
    Others 213 19.3
    Occupation
    Census Count Percent(%)
    Pre-school 23 5.3
    Infants/Primary 163 37.4
    Secondary 86 19.7
    Technical or Further Educational Institution 43 9.9
    University or other Tertiary Institutions 106 24.3
    Others 15 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1833 98.8
    Flat, unit or apartment 16 0.9
    Semi-detached, row or terrace house, townhouse 7 0.4
    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 335 44.9
    Being purchased 285 38.2
    Rented 123 16.5
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals