Suburb Profile Report for Marden SA (5070)

Marden House: Median price $650,000, Annual capital growth 5.65%, Number of sales 28, Weekly median advertised rent $450

Marden Unit: Median price $315,000, Annual capital growth 4.34%, Number of sales 39, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Marden has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of 0.00% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Marden has increased when compared to the 5 year average annual rate.

Marden, 5070 is offering SA ‘s 336th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this SA.

Investment property in Marden 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 -7.08%

The five-year average increase in median property values for Marden,5070 has given property investors a potential capital gain of -1.87% across each of those five years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.37% offered to property buyers. Sellers in Marden itself are offering an average vendor discount of -7.01% to real estate investors.

Residents and property investors in Marden have been waiting around 97.63 days to sell a property.

Renters in Suburb are facing rents around $3600 per annum or $300 every week.

Metrics i HOUSE UNIT
$650,000 $315,000
N/A -7.08%
0.00% -7.08%
5.65% 4.34%
$450 $300
28 39
3.60% 4.95%
51.64 97.63

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 2342
Median household income ($/weekly) 860
Median age of persons 35
Median housing loan repayment ($/monthly) 1657
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 204 8.7
    25-34 years 511 21.8
    35-44 years 298 12.7
    45-54 years 242 10.3
    55-64 years 233 9.9
    Others 854 36.5
    Age Group
    Census Count Percent(%)
    Not Married 886 48.3
    Registered Married 819 44.7
    Defacto Relationship 128 7.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1302 59.7
    Croatia 119 5.5
    Indonesia 180 8.3
    Japan 114 5.2
    Other 149 6.8
    Others 316 14.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 2.2
    Christianity 1244 59.0
    Hinduism 158 7.5
    Islam 68 3.2
    No Religion 544 25.8
    Others 49 2.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 86 9.1
    $400-$599 135 14.2
    $600-$799 97 10.2
    $800-$999 108 11.4
    $1,500-$1,999 95 10.0
    Others 428 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 740 39.5
    Employed, worked full-time 602 32.1
    Employed, worked part-time 395 21.1
    Unemployed, looking for work 86 4.6
    Employed, away from work 50 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 111 10.6
    Professionals 297 28.4
    Community & personal service workers 122 11.7
    Clerical & administrative workers 143 13.7
    Labourers 115 11.0
    Others 256 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 26 4.8
    Infants/Primary 138 25.2
    Secondary 90 16.5
    Technical or Further Educational Institution 64 11.7
    University or other Tertiary Institutions 211 38.6
    Others 18 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1236 56.7
    Flat, unit or apartment 776 35.6
    Semi-detached, row or terrace house, townhouse 164 7.5
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 488 48.5
    Fully owned 270 26.8
    Being purchased 217 21.6
    Other tenure type 31 3.1
    Tenure Type
Census 2011, ABS
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