Suburb Profile Report for Seacliff Park SA (5049)

Seacliff Park House: Median price $516,000, Annual capital growth 4.61%, Number of sales 50, Weekly median advertised rent $385

Seacliff Park Unit: Median price $350,000, Annual capital growth 5.05%, Number of sales 22, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1621th in the list of Australian suburbs ordered by increase in median house value over the last year, Seacliff Park, 5049 is in the top 40% with a property value increase of 6.39% recorded in median house prices.

Across a shorter period, Seacliff Park, 5049 has seen a median price increase of 0.78% over the last quarter.

At number 177th of SA’s most discounted properties, Seacliff Park is in the middle of the state/territory when listing in order of most discounted to least.

A $385 per week rent on the median house gives suburb investors a gross yield of circa 3.88%, without taking into account capital value appreciation, which has been averaging out at 4.61%.

If you compare the increase in value of investment property in Seacliff Park, 5049 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 7.69%.

While Seacliff Park,5049 ranked number 92th in SA for increase in median house value (annualised) increase, it is ranked 80th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.20% offered to property buyers. Sellers in Seacliff Park itself are offering an average vendor discount of -5.54% to real estate investors.

The SA suburb of Seacliff Park, 5049 is in the Marion local government area.

HOUSE UNIT
$516,000 $350,000
0.78% 0.57%
6.39% 7.69%
4.61% 5.05%
$385 $295
50 22
3.88% 4.38%
73.83 54.05

Source: CoreLogic

DSR Score for property investment : Very good (H), Balanced (U)
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Demographics
Total population 2304
Median household income ($/weekly) 1215
Median age of persons 42
Median housing loan repayment ($/monthly) 1784
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 216 9.4
    25-34 years 288 12.5
    35-44 years 307 13.3
    45-54 years 333 14.4
    55-64 years 330 14.3
    Others 831 36.1
    Age Group
    Census Count Percent(%)
    Registered Married 938 50.9
    Not Married 731 39.6
    Defacto Relationship 175 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1606 72.1
    Greece 32 1.4
    Papua New Guinea 36 1.6
    United Kingdom 263 11.8
    Other 91 4.1
    Others 200 9.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 1.0
    Christianity 1358 63.5
    Hinduism 15 0.7
    Other Religious Groups 34 1.6
    No Religion 692 32.3
    Others 19 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 106 12.0
    $600-$799 89 10.0
    $1,000-$1,249 81 9.1
    $1,500-$1,999 107 12.1
    $2,000-$2,499 87 9.8
    Others 416 47.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 755 39.5
    Not in the labour force 631 33.0
    Employed, worked part-time 401 21.0
    Employed, away from work 72 3.8
    Unemployed, looking for work 53 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 157 12.8
    Professionals 290 23.7
    Technicians & trades workers 189 15.4
    Community & personal service workers 139 11.3
    Clerical & administrative workers 201 16.4
    Others 249 20.3
    Occupation
    Census Count Percent(%)
    Pre-school 31 6.5
    Infants/Primary 161 33.7
    Secondary 104 21.8
    Technical or Further Educational Institution 43 9.0
    University or other Tertiary Institutions 120 25.1
    Others 19 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1977 88.9
    Semi-detached, row or terrace house, townhouse 189 8.5
    Flat, unit or apartment 59 2.7
    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 385 40.8
    Being purchased 359 38.1
    Rented 192 20.4
    Other tenure type 7 0.7
    Tenure Type
Census 2011, ABS
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