Suburb Profile Report for Hazelwood Park SA (5066)

Hazelwood Park House: Median price $866,750, Annual capital growth 6.08%, Number of sales 33, Weekly median advertised rent $460

Hazelwood Park Unit: Median price $385,000, Annual capital growth 7.80%, Number of sales 15, Weekly median advertised rent $303

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

Source: CoreLogic

  • House Report
  • Unit Report

Hazelwood Park has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -10.18% to date .

Across a shorter period, Hazelwood Park, 5066 has seen a median price increase of 0.49% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Hazelwood Park is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 280th in terms of most discounted suburbs in SA

Residents and property investors in Hazelwood Park have been waiting around 68.85 days to sell a property.

Property investors should expect to get $460 weekly from the median priced house in this suburb.

Investment property in Hazelwood Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.41%

The five-year average increase in median property values for Hazelwood Park,5066 has given property investors a potential capital gain of 9.61% across each of those five years.

At number 23th of SA’s most discounted properties, Hazelwood Park is in the bottom 20% of the state/territory when listing in order of most discounted to least.

A $302.5 per week rent on the median house gives suburb investors a gross yield of circa 4.09%, without taking into account capital value appreciation, which has been averaging out at 7.80%.

Metrics i HOUSE UNIT
$866,750 $385,000
0.49% 22.22%
-10.18% 12.41%
6.08% 7.80%
$460 $303
33 15
2.76% 4.09%
68.85 63.63

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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
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Recent sales & rentals