Suburb Profile Report for Marden SA (5070)

Marden House: Median price $650,000, Annual capital growth 5.55%, Number of sales 32, Weekly median advertised rent $450

Marden Unit: Median price $315,000, Annual capital growth 4.36%, Number of sales 33, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

SA has seen average median house prices change by 3.22% which means that Marden, 5070 has done well for property investors by showing a capital gain of 1.96% over the last year

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.

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 Marden, 5070. Typically our figures indicate that -4.28% is being offered, which puts this SA suburb at 2886th most discounted overall in Australia.

Property investors should expect to get $450 weekly from the median priced house in this suburb.

Marden has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -7.08% 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 fallen somewhat when compared to the 5 year average annual rate.

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.

Advertised rents are around the $300 mark per week – giving a return of 4.95% based on the median price in Suburb

Metrics i HOUSE UNIT
$650,000 $315,000
N/A -7.08%
1.96% -7.08%
5.55% 4.36%
$450 $300
32 33
3.60% 4.95%
52.05 94.04

Source: CoreLogic

DSR Score for property investment : Balanced (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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