Suburb Profile Report for Seacliff SA (5049)

Seacliff House: Median price $702,500, Annual capital growth 6.97%, Number of sales 34, Weekly median advertised rent $420

Seacliff Unit: Median price $639,500, Annual capital growth 13.78%, Number of sales 19, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

With a capital gain of 9.77% for the last 12 months, Seacliff, 5049 has performed for property investments than its average annual 6.97% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Seacliff,5049 has racked up an average of 9.77% over the period. This ranks it number 692th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Seacliff is $702500, with sellers offering an average of -3.86% off the asking price.

Advertised rents are around the $420 mark per week – giving a return of 3.11% based on the median price in Suburb

Over the last year, property investments in Seacliff, 5049 have given investors a capital gain of 36.06%. This compares very favourably with the 3.03% for SA as a whole.

The five-year average increase in median property values for Seacliff,5049 has given property investors a potential capital gain of 43.71% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Seacliff is offering property investors an average of -6.44. This rate of discount on properties puts Suburb at number 86th in terms of most discounted suburbs in SA

Residents and property investors in Seacliff have been waiting around 91.6 days to sell a property.

Property investors should expect to get $320 weekly from the median priced house in this suburb.

YIP MAG Information supplied by:

YIP MAG
April 2015

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The tide is not the only thing surging at Seacliff as the market for homes continues to grow for the southern seaside suburb.Full summary The tide is not the only thing surging at Seacliff as the market for homes continues to grow for the southern seaside suburb.

The median house price was amplified by 36% to $665,000 over the past 12 months, and still they are being snapped up.

The magnificent beaches, good schooling, sporting facilities and a variety of shopping options are drawing all demographics to the area.

With a rental yield of 3% and a drop in vacancy rate to just 0.72%, the rental market is relatively buoyant.

Sitting just 15km from Adelaide’s CBD, Seacliff is easily accessible by both trains and buses.

With Marion also just a 10-minute drive away, the area has got great infrastructure and amenities available.

If you are looking to buy, Esplanade and Marine Parade offer the best views of the sea.

Popular houses are also nearby or on Brighton Road as many shops and services are close by.Close
HOUSE UNIT
$702,500 $639,500
5.64% 11.31%
9.77% 36.06%
6.97% 13.78%
$420 $320
34 19
3.11% 2.60%
69.58 91.6

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1954
Median household income ($/weekly) 1383
Median age of persons 42
Median housing loan repayment ($/monthly) 1613
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 169 8.6
    25-34 years 238 12.2
    35-44 years 256 13.1
    45-54 years 323 16.5
    55-64 years 322 16.5
    Others 647 33.1
    Age Group
    Census Count Percent(%)
    Registered Married 731 49.6
    Not Married 603 40.9
    Defacto Relationship 140 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1338 73.1
    Greece 19 1.0
    Papua New Guinea 28 1.5
    United Kingdom 243 13.3
    Other 51 2.8
    Others 151 8.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 2.1
    Christianity 1037 60.2
    Hinduism 11 0.6
    Islam 15 0.9
    No Religion 619 35.9
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 71 9.8
    $800-$999 63 8.7
    $1,500-$1,999 74 10.2
    $2,000-$2,499 69 9.5
    $2,500-$2,999 88 12.1
    Others 362 49.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 622 39.8
    Not in the labour force 478 30.6
    Employed, worked part-time 356 22.8
    Employed, away from work 59 3.8
    Unemployed, looking for work 46 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 135 13.0
    Professionals 320 30.9
    Community & personal service workers 121 11.7
    Clerical & administrative workers 144 13.9
    Sales 116 11.2
    Others 199 19.2
    Occupation
    Census Count Percent(%)
    Pre-school 27 6.6
    Infants/Primary 126 30.6
    Secondary 80 19.4
    Technical or Further Educational Institution 46 11.2
    University or other Tertiary Institutions 120 29.1
    Others 13 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1263 71.0
    Semi-detached, row or terrace house, townhouse 321 18.1
    Flat, unit or apartment 194 10.9
    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 285 37.0
    Being purchased 262 34.0
    Rented 218 28.3
    Other tenure type 5 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals