Suburb Profile Report for Seacliff Park SA (5049)

Seacliff Park House: Median price $490,000, Annual capital growth 2.98%, Number of sales 46, Weekly median advertised rent $395

Seacliff Park Unit: Median price $345,000, Annual capital growth 4.93%, Number of sales 16, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Seacliff Park, 5049 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -4.30%.

The five-year average increase in median property values for Seacliff Park,5049 has given property investors a potential capital gain of 4.81% across each of those five years.

At number 265th of SA’s most discounted properties, Seacliff Park is in the TOP 40% of the state/territory when listing in order of most discounted to least.

In the last year 46 properties changed hands in Seacliff Park, which puts it as the 205th most active market in SA when comparing the number of sales per suburb.

A $395 per week rent on the median house gives suburb investors a gross yield of circa 4.19%, without taking into account capital value appreciation, which has been averaging out at 2.98%.

Over the last year, property investments in Seacliff Park, 5049 have given investors a capital gain of -0.86%. This compares badly with the 3.61% for SA as a whole.

While Seacliff Park,5049 ranked number 105th in SA for increase in median house value (annualised) increase, it is ranked 82th over the last 5 years.

Property buyers and investors in Seacliff Park 5049 should be seeing an average reduction in asking price of around -7.61% . This means that Seacliff Park is holding prices well when compared to other suburbs in SA.

Situated 10.91km from the CBD, Seacliff Park is one of Marion localities in the postcode 5049.

Metrics i HOUSE UNIT
$490,000 $345,000
-4.30% -0.86%
-4.30% -0.86%
2.98% 4.93%
$395 $295
46 16
4.19% 4.45%
69.81 43.16

Source: CoreLogic

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