Suburb Profile Report for Highgate SA (5063)

Highgate House: Median price $975,000, Annual capital growth 7.99%, Number of sales 23, Weekly median advertised rent N/A

Highgate Unit: Median price $310,000, Annual capital growth -1.38%, Number of sales 12, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Highgate, 5063 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 14.44%.

Highgate,5063 was ranked 126 in Australia by increase in median property value over the quarter.

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 Highgate, 5063. Typically our figures indicate that -9.71% is being offered, which puts this SA suburb at 390th most discounted overall in Australia.

Often selling an investment property can take time, and in Highgate the average time real estate has been on the market is 78.91 days.

Investment property in Highgate has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.43%

The five-year average increase in median property values for Highgate,5063 has given property investors a potential capital gain of -20.54% across each of those five years.

Highgate, 5063 is offering SA ‘s 154th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this SA.

Often selling an investment property can take time, and in Highgate the average time real estate has been on the market is 114.63 days.

HOUSE UNIT
$975,000 $310,000
12.07% N/A
14.44% -11.43%
7.99% -1.38%
N/A $280
23 12
N/A 4.70%
78.91 114.63

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 1445
Median household income ($/weekly) 1519
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 212 14.7
    25-34 years 130 9.0
    35-44 years 212 14.7
    45-54 years 238 16.5
    55-64 years 173 12.0
    Others 480 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 548 51.6
    Not Married 446 42.0
    Defacto Relationship 68 6.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1092 77.7
    Croatia 48 3.4
    Malta 19 1.4
    United Kingdom 69 4.9
    Other 41 2.9
    Others 136 9.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 2.6
    Christianity 890 66.8
    Hinduism 13 1.0
    Other Religious Groups 15 1.1
    No Religion 376 28.2
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 45 9.5
    $1,000-$1,249 42 8.8
    $1,500-$1,999 50 10.5
    $2,500-$2,999 51 10.7
    $3,000-$3,499 45 9.5
    Others 243 51.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 441 39.3
    Not in the labour force 353 31.4
    Employed, worked part-time 274 24.4
    Employed, away from work 35 3.1
    Unemployed, looking for work 20 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 107 14.3
    Professionals 285 38.1
    Community & personal service workers 61 8.2
    Clerical & administrative workers 105 14.0
    Sales 58 7.8
    Others 132 17.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 159 35.1
    University or other Tertiary Institutions 123 27.2
    Secondary 116 25.6
    Pre-school 31 6.8
    Technical or Further Educational Institution 24 5.3
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1053 76.6
    Flat, unit or apartment 170 12.4
    Semi-detached, row or terrace house, townhouse 143 10.4
    House or flat attached to a shop, office 8 0.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 210 39.5
    Being purchased 197 37.1
    Rented 112 21.1
    Other tenure type 12 2.3
    Tenure Type
Census 2011, ABS
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