Suburb Profile Report for Hyde Park SA (5061)

Hyde Park House: Median price $1,250,000, Annual capital growth 4.21%, Number of sales 32, Weekly median advertised rent $670

Hyde Park Unit: Median price $670,000, Annual capital growth 2.68%, Number of sales 13, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Hyde Park has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.81%

When looking at the potential capital gains offered to property investors over the last 3 years, Hyde Park comes in at number 32th 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 Hyde Park, 5061. Typically our figures indicate that -10.27% is being offered, which puts this SA suburb at 290th most discounted overall in Australia.

The SA suburb of Hyde Park, 5061 is in the Unley local government area.

If we look at median property appreciation over just the last three months, Hyde Park has given property investors a paper return of 3.72%. This puts Suburb as 52 on a list of fastest fasting appreciating suburbs in SA

In the last year 13 properties changed hands in Hyde Park, which puts it as the 163th most active market in SA when comparing the number of sales per suburb.

Hyde Park, 5061’s gross rental yield is 3.07%

YIP MAG Information supplied by:

YIP MAG
June 2016

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In Adelaide’s inner south, a tightening vacancy rate is about the best thing Hyde Park has to offer right now.Full summary In Adelaide’s inner south, a tightening vacancy rate is about the best thing Hyde Park has to offer right now.

According to Real Estate Investar, the vacancy rate in Hyde Park has tightened over the past year from 2.63% to 1.8%.

While that may be good news for landlords in the suburb, those hoping for strong capital growth have likely come away disappointed over the same period.

While the median house price in Hyde Park is a respectable $1,040,000, it has fallen 6% in the past 12 months.

Units in the suburb are much more affordable, with a median price of $430,500, though they have been hit by a fall of 12% in the past year.

The better affordability offered by units is helping them sell more quickly than houses.

Units in Hyde Park are spending, on average, 41 days on the market, compared to 63 days for houses.Close
Metrics i HOUSE UNIT
$1,250,000 $670,000
7.76% 3.72%
14.81% N/A
4.21% 2.68%
$670 $395
32 13
2.79% 3.07%
97 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1781
Median household income ($/weekly) 1710
Median age of persons 39
Median housing loan repayment ($/monthly) 2160
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 209 11.7
    25-34 years 249 14.0
    35-44 years 223 12.5
    45-54 years 255 14.3
    55-64 years 246 13.8
    Others 600 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 667 49.3
    Not Married 570 42.1
    Defacto Relationship 116 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1287 74.7
    Hong Kong 23 1.3
    Indonesia 40 2.3
    United Kingdom 126 7.3
    Other 76 4.4
    Others 172 10.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 1.8
    Christianity 1026 62.3
    Hinduism 50 3.0
    Other Religious Groups 22 1.3
    No Religion 499 30.3
    Others 22 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 90 14.0
    $2,000-$2,499 51 7.9
    $2,500-$2,999 83 12.9
    $3,000-$3,499 50 7.8
    $4,000 or more 62 9.6
    Others 309 47.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 589 40.5
    Not in the labour force 450 30.9
    Employed, worked part-time 315 21.6
    Employed, away from work 55 3.8
    Unemployed, looking for work 46 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 177 18.5
    Professionals 371 38.7
    Community & personal service workers 69 7.2
    Clerical & administrative workers 112 11.7
    Sales 93 9.7
    Others 136 14.2
    Occupation
    Census Count Percent(%)
    Pre-school 25 5.0
    Infants/Primary 150 29.9
    Secondary 126 25.1
    Technical or Further Educational Institution 36 7.2
    University or other Tertiary Institutions 155 30.9
    Others 9 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1230 74.4
    Semi-detached, row or terrace house, townhouse 329 19.9
    Flat, unit or apartment 95 5.7
    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 245 34.9
    Being purchased 228 32.4
    Rented 224 31.9
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals