Suburb Profile Report for Marden SA (5070)

Marden House: Median price $650,000, Annual capital growth 6.06%, Number of sales 26, Weekly median advertised rent $450

Marden Unit: Median price $339,000, Annual capital growth 5.24%, Number of sales 51, 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 3.04% which means that Marden, 5070 has done well for property investors by showing a capital gain of 13.04% over the last year

The five-year average increase in median property values for Marden,5070 has given property investors a potential capital gain of 14.04% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Marden is offering property investors an average of -6.57. This rate of discount on properties puts Suburb at number 373th in terms of most discounted suburbs in SA

Often selling an investment property can take time, and in Marden the average time real estate has been on the market is 50.15 days.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.60%, without taking into account capital value appreciation, which has been averaging out at 6.06%.

Marden, 5070 ranked 108th in SA when comparing growth in median property values or capital gain over the last 12 months. Marden is one of 853 in our list for SA

Taking the average capital gain, or increase in median house value, Marden,5070 has racked up an average of 0.00% over the period. This ranks it number 1284th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Marden are currently offering property investors an average price cut of -6.52% below the asking price at the moment.

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

Metrics i HOUSE UNIT
$650,000 $339,000
N/A 0.00%
13.04% 0.00%
6.06% 5.24%
$450 $300
26 51
3.60% 4.60%
50.15 104.76

Source: CoreLogic

DSR Score for property investment : Good (U), Balanced (H)
Find a mortgage broker in Marden SA
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
Chart Table
Recent sales & rentals