Suburb Profile Report for Hazelwood Park SA (5066)

Hazelwood Park House: Median price $862,500, Annual capital growth 6.36%, Number of sales 54, Weekly median advertised rent $430

Hazelwood Park Unit: Median price $325,000, Annual capital growth N/A, Number of sales 18, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Hazelwood Park has done pretty 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 0.88%

Over the longer term, Hazelwood Park has seen property prices show investors a 16.95% return over the last 3 years. This is worse than over the last 12 months

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.57% offered to property buyers. Sellers in Hazelwood Park itself are offering an average vendor discount of -5.86% to real estate investors.

At number 1602 in a list of fastest selling suburbs, Hazelwood Park is just in the top half of suburbs in Australia with an average of days on market 74.38 for properties listed there.

Renters in Suburb are facing rents around $5160 per annum or $430 every week.

Hazelwood Park,5066 was ranked 396 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -12.33% to buyers in Hazelwood Park at the moment, which is less than average for the rest of SA.

Hazelwood Park, 5066’s gross rental yield is 4.68%

Metrics i HOUSE UNIT
$862,500 $325,000
0.00% 3.17%
0.88% N/A
6.36% N/A
$430 $293
54 18
2.59% 4.68%
74.38 77.33

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1969
Median household income ($/weekly) 1555
Median age of persons 42
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 245 12.4
    35-44 years 249 12.6
    45-54 years 302 15.3
    55-64 years 268 13.6
    65-74 years 188 9.5
    Others 717 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 804 53.5
    Not Married 612 40.7
    Defacto Relationship 88 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1437 75.8
    Croatia 45 2.4
    Japan 26 1.4
    United Kingdom 141 7.4
    Other 62 3.3
    Others 185 9.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 2.3
    Christianity 1237 68.3
    Hinduism 27 1.5
    Judaism 13 0.7
    No Religion 479 26.4
    Others 14 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 60 8.5
    $1,500-$1,999 73 10.3
    $2,000-$2,499 59 8.3
    $2,500-$2,999 76 10.7
    $3,000-$3,499 61 8.6
    Others 378 53.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 568 36.2
    Not in the labour force 552 35.2
    Employed, worked part-time 366 23.3
    Unemployed, looking for work 47 3.0
    Employed, away from work 37 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 139 14.3
    Professionals 392 40.3
    Community & personal service workers 85 8.7
    Clerical & administrative workers 130 13.4
    Sales 87 9.0
    Others 139 14.3
    Occupation
    Census Count Percent(%)
    Pre-school 34 6.5
    Infants/Primary 175 33.3
    Secondary 130 24.7
    Technical or Further Educational Institution 32 6.1
    University or other Tertiary Institutions 147 27.9
    Others 8 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1555 83.2
    Flat, unit or apartment 233 12.5
    Semi-detached, row or terrace house, townhouse 82 4.4
    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 345 45.1
    Being purchased 255 33.3
    Rented 165 21.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals