Suburb Profile Report for Seaview Downs SA (5049)

Seaview Downs House: Median price $460,000, Annual capital growth 4.76%, Number of sales 62, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Expert Report

Property value increases in Seaview Downs have tracked just lower than the SA average of 2.79% over the last 12 months.

A 9.52% growth in median value for property investors in Seaview Downs,5049 puts this suburb at number 237th in terms of best performing suburbs in SA

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Seaview Downs, 5049. Typically our figures indicate that -6.43% is being offered, which puts this SA suburb at 1538th most discounted overall in Australia.

On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.

YIP MAG Information supplied by:

YIP MAG
November 2015

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Located 13km from the Adelaide CBD, Seaview Downs is a quiet suburb with big potentialFull summary As the name suggests, this suburb has some breathtaking water views.

And if you’re looking for an affordable house that’s close to the beach and not too far from the city, look no further.

Located 13km from the Adelaide CBD, Seaview Downs is a quiet suburb with big potential.

Some of the sought-after amenities nearby include Flinders University, Flinders Medical Centre, Seacliff Beach and the O’Halloran Hill Recreation Park.

It’s no wonder the suburb is a hit with families, professionals, seniors andstudents. 

It is also just a short drive to Westfield Marion – the largest shopping complex in Adelaide – which is undergoing a $350m redevelopment over the next five years.

This includes 65 shops across two levels, 10 restaurants and cafes, and more than 1,000 parking spaces.

And despite capital growth for houses rising by 7% in the past 12 months, the current supply and demand stats indicate there could be more growth underway in the near future.

This includes the fact that there’s just 1.04% of stock on the market and a low vacancy rate of 1.63%, according to DSRdata.com.au.

There are houses with balconies and scenic water views on Murat Street.

Three-bedroom houses there can be picked up for around the suburb’s median price.

There are also houses on Fowler Street with lovely views and they have the added benefit of being very close to Seaview Downs Primary School.

They may be more expensive than the median price but the great location justifies it.Close
HOUSE UNIT
$460,000 N/A
0.00% N/A
0.66% N/A
4.76% N/A
$400 N/A
62 N/A
4.52% N/A
63.03 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2675
Median household income ($/weekly) 1270
Median age of persons 41
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 315 11.8
    35-44 years 404 15.1
    45-54 years 368 13.8
    55-64 years 342 12.8
    65-74 years 316 11.8
    Others 930 34.8
    Age Group
    Census Count Percent(%)
    Registered Married 1164 56.9
    Not Married 675 33.0
    Defacto Relationship 208 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1966 75.4
    Greece 41 1.6
    Papua New Guinea 22 0.8
    United Kingdom 280 10.7
    Other 71 2.7
    Others 227 8.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.9
    Christianity 1608 65.0
    Islam 23 0.9
    Other Religious Groups 20 0.8
    No Religion 792 32.0
    Others 9 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 110 11.9
    $600-$799 89 9.7
    $800-$999 99 10.7
    $1,500-$1,999 123 13.4
    $2,000-$2,499 108 11.7
    Others 392 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 807 37.6
    Not in the labour force 756 35.2
    Employed, worked part-time 451 21.0
    Employed, away from work 79 3.7
    Unemployed, looking for work 54 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 186 13.9
    Professionals 286 21.4
    Technicians & trades workers 217 16.2
    Clerical & administrative workers 216 16.1
    Sales 149 11.1
    Others 285 21.3
    Occupation
    Census Count Percent(%)
    Pre-school 38 6.2
    Infants/Primary 244 40.1
    Secondary 147 24.1
    Technical or Further Educational Institution 55 9.0
    University or other Tertiary Institutions 104 17.1
    Others 21 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2553 99.6
    Flat, unit or apartment 10 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 461 46.1
    Fully owned 422 42.2
    Rented 114 11.4
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals