Suburb Profile Report for Seacliff Park SA (5049)

Seacliff Park House: Median price $509,000, Annual capital growth 3.61%, Number of sales 47, Weekly median advertised rent $395

Seacliff Park Unit: Median price $349,250, Annual capital growth 5.07%, Number of sales 20, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report
  • Unit Report

Seacliff Park has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of 1.29% to date .

Comparing Seacliff Park,5049 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Seacliff Park are currently offering property investors an average price cut of -6.41% below the asking price at the moment.

On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.

Property investors should expect to get $395 weekly from the median priced house in this suburb.

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 5.04%.

The five-year average increase in median property values for Seacliff Park,5049 has given property investors a potential capital gain of 6.48% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Seacliff Park is offering property investors an average of -6.26. This rate of discount on properties puts Suburb at number 52th in terms of most discounted suburbs in SA

In the last year 20 properties changed hands in Seacliff Park, which puts it as the 98th most active market in SA when comparing the number of sales per suburb.

Property investors should expect to get $292.5 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$509,000 $349,250
-1.36% 0.29%
1.29% 5.04%
3.61% 5.07%
$395 $293
47 20
4.04% 4.36%
84.75 53.57

Source: CoreLogic

DSR Score for property investment : Above average (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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