Suburb Profile Report for Hectorville SA (5073)

Hectorville House: Median price $520,000, Annual capital growth 6.42%, Number of sales 63, Weekly median advertised rent $398

Hectorville Unit: Median price $342,500, Annual capital growth 5.81%, Number of sales 28, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2759th in the list of Australian suburbs ordered by increase in median house value over the last year, Hectorville, 5073 is in the BOTTOM 40% with a property value increase of 0.58% recorded in median house prices.

Over the longer term, Hectorville has seen property prices show investors a 15.56% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Hectorville is offering property investors an average of -6.54. This rate of discount on properties puts Suburb at number 99th in terms of most discounted suburbs in SA

In the last year 63 properties changed hands in Hectorville, which puts it as the 138th most active market in SA when comparing the number of sales per suburb.

A $397.5 per week rent on the median house gives suburb investors a gross yield of circa 3.98%, without taking into account capital value appreciation, which has been averaging out at 6.42%.

With a capital gain of 7.03% for the last 12 months, Hectorville, 5073 has performed for property investments than its average annual 5.81% property growth over the last 5 years.

Across a shorter period, Hectorville, 5073 has seen a median price increase of 4.50% over the last quarter.

Vendor discounting in Hectorville is giving property investors an average Vendor Discount of around -6.04%. This puts suburb at number 73th in SA when ranking the most discounted suburbs.

HOUSE UNIT
$520,000 $342,500
0.97% 4.50%
0.58% 7.03%
6.42% 5.81%
$398 $290
63 28
3.98% 4.40%
91.88 73.81

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 3610
Median household income ($/weekly) 849
Median age of persons 39
Median housing loan repayment ($/monthly) 1486
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 368 10.2
    25-34 years 549 15.2
    35-44 years 529 14.7
    45-54 years 429 11.9
    65-74 years 365 10.1
    Others 1370 38.0
    Age Group
    Census Count Percent(%)
    Registered Married 1418 48.6
    Not Married 1319 45.2
    Defacto Relationship 183 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1977 56.6
    Croatia 121 3.5
    Indonesia 193 5.5
    Japan 561 16.1
    Other 181 5.2
    Others 462 13.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 96 2.8
    Christianity 2391 70.4
    Hinduism 119 3.5
    Other Religious Groups 93 2.7
    No Religion 632 18.6
    Others 65 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 160 11.1
    $400-$599 197 13.7
    $600-$799 180 12.5
    $800-$999 136 9.5
    $1,500-$1,999 152 10.6
    Others 614 42.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1237 42.2
    Employed, worked full-time 948 32.3
    Employed, worked part-time 555 18.9
    Unemployed, looking for work 115 3.9
    Employed, away from work 78 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 330 20.9
    Technicians & trades workers 201 12.7
    Community & personal service workers 165 10.5
    Clerical & administrative workers 277 17.6
    Labourers 173 11.0
    Others 432 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 47 6.0
    Infants/Primary 284 36.4
    Secondary 138 17.7
    Technical or Further Educational Institution 85 10.9
    University or other Tertiary Institutions 198 25.4
    Others 29 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2567 73.2
    Flat, unit or apartment 596 17.0
    Semi-detached, row or terrace house, townhouse 344 9.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 573 38.0
    Fully owned 569 37.7
    Being purchased 359 23.8
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
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