Suburb Profile Report for Seacliff SA (5049)

Seacliff House: Median price $792,500, Annual capital growth 7.96%, Number of sales 28, Weekly median advertised rent $418

Seacliff Unit: Median price $680,000, Annual capital growth 12.86%, Number of sales 18, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Seacliff, 5049 have given investors a capital gain of 29.92%. This compares very favourably with the 3.24% for SA as a whole.

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

Vendor discounting in Seacliff is giving property investors an average Vendor Discount of around -8.73%. This puts suburb at number 51th in SA when ranking the most discounted suburbs.

In the last year 28 properties changed hands in Seacliff, which puts it as the 313th most active market in SA when comparing the number of sales per suburb.

Seacliff is in the TOP 10% in SA when comparing median price capital growth over the last year. Seacliff gave property investors a very good capital gain figure when compared to the rest of the state, with 36.00%.

Seacliff,5049 was ranked 208 in Australia by increase in median property value over the quarter.

Property buyers and investors in Seacliff 5049 should be seeing an average reduction in asking price of around -8.70% . This means that Seacliff is holding prices well when compared to other suburbs in SA.

At number 1093 in a list of fastest selling suburbs, Seacliff is in the bottom 30% of suburbs in Australia with an average of days on market 96.42 for properties listed there.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 2.45%, without taking into account capital value appreciation, which has been averaging out at 12.86%.

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
Metrics i HOUSE UNIT
$792,500 $680,000
12.81% 6.33%
29.92% 36.00%
7.96% 12.86%
$418 $320
28 18
2.74% 2.45%
73.86 96.42

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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