Suburb Profile Report for Seacliff Park SA (5049)

Seacliff Park House: Median price $510,000, Annual capital growth 4.22%, Number of sales 47, Weekly median advertised rent $395

Seacliff Park Unit: Median price $350,000, Annual capital growth 5.38%, Number of sales 22, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Seacliff Park, 5049 have given investors a capital gain of 2.00%. This compares averagely with the 2.82% for SA as a whole.

Taking the average capital gain, or increase in median house value, Seacliff Park,5049 has racked up an average of 2.00% over the period. This ranks it number 2240th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Seacliff Park is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 211th in terms of most discounted suburbs in SA

Residents and property investors in Seacliff Park have been waiting around 79.66 days to sell a property.

Seacliff Park, 5049’s gross rental yield is 4.03%

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 6.06%.

Seacliff Park,5049 was ranked 828 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -6.56% to buyers in Seacliff Park at the moment, which is less than average for the rest of SA.

In the last year 22 properties changed hands in Seacliff Park, which puts it as the 92th most active market in SA when comparing the number of sales per suburb.

A $292.5 per week rent on the median house gives suburb investors a gross yield of circa 4.35%, without taking into account capital value appreciation, which has been averaging out at 5.38%.

HOUSE UNIT
$510,000 $350,000
0.00% 0.50%
2.00% 6.06%
4.22% 5.38%
$395 $293
47 22
4.03% 4.35%
79.66 54.75

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
Find a mortgage broker in Seacliff Park SA
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
Chart Table
Recent sales & rentals