Suburb Profile Report for Marden SA (5070)

Marden House: Median price $680,500, Annual capital growth 7.24%, Number of sales 27, Weekly median advertised rent $400

Marden Unit: Median price $339,000, Annual capital growth 6.13%, Number of sales 52, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Marden 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 18.35%

Across a shorter period, Marden, 5070 has seen a median price increase of 6.75% over the last quarter.

Marden5070 is located in SA which offers an average discount of -6.54% to property investors. Marden itself is showing figures that indicate -8.30% is the average achievable by property buyers investing in the suburb.

At number 1284 in a list of fastest selling suburbs, Marden is in the TOP 40% of suburbs in Australia with an average of days on market 66.4 for properties listed there.

Marden is in the bottom 40% in SA when comparing median price capital growth over the last year. Marden gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.19%.

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.

Property investors looking for a bargain in Marden should be aiming for at least -8.10% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $280 mark per week – giving a return of 4.29% based on the median price in Suburb

HOUSE UNIT
$680,500 $339,000
6.75% 0.00%
18.35% -1.19%
7.24% 6.13%
$400 $280
27 52
3.06% 4.29%
66.4 76.87

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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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