Suburb Profile Report for Athelstone SA (5076)

Athelstone House: Median price $490,000, Annual capital growth 3.92%, Number of sales 149, Weekly median advertised rent $370

Athelstone Unit: Median price $362,500, Annual capital growth 5.21%, Number of sales 10, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Athelstone have tracked just lower than the SA average of 3.87% over the last 12 months.

Athelstone,5076 was ranked 3117 in Australia by increase in median property value over the quarter.

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 Athelstone, 5076. Typically our figures indicate that -5.78% is being offered, which puts this SA suburb at 1725th most discounted overall in Australia.

In the last year 149 properties changed hands in Athelstone, which puts it as the 27th most active market in SA when comparing the number of sales per suburb.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 3.92%, investors should hope to achieve an overall return of 3.93%

SA has seen average median house prices change by 3.61% which means that Athelstone, 5076 has done well for property investors by showing a capital gain of 7.41% over the last year

A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.02%, without taking into account capital value appreciation, which has been averaging out at 5.21%.

Metrics i HOUSE UNIT
$490,000 $362,500
-1.01% 4.11%
-2.49% 7.41%
3.92% 5.21%
$370 $350
149 10
3.93% 5.02%
69.8 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 9258
Median household income ($/weekly) 1453
Median age of persons 40
Median housing loan repayment ($/monthly) 1571
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1166 12.6
    25-34 years 907 9.8
    35-44 years 1322 14.3
    45-54 years 1499 16.2
    55-64 years 1270 13.7
    Others 3095 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 4280 58.8
    Not Married 2601 35.7
    Defacto Relationship 395 5.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 6545 72.7
    Croatia 109 1.2
    Japan 539 6.0
    United Kingdom 602 6.7
    Other 321 3.6
    Others 890 9.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 83 1.0
    Christianity 6712 76.9
    Islam 79 0.9
    Other Religious Groups 99 1.1
    No Religion 1688 19.3
    Others 63 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 255 8.6
    $800-$999 276 9.3
    $1,500-$1,999 414 14.0
    $2,000-$2,499 370 12.5
    $2,500-$2,999 293 9.9
    Others 1354 45.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2821 37.9
    Not in the labour force 2405 32.3
    Employed, worked part-time 1672 22.5
    Employed, away from work 326 4.4
    Unemployed, looking for work 212 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 618 12.8
    Professionals 1111 23.0
    Technicians & trades workers 644 13.4
    Clerical & administrative workers 899 18.6
    Sales 519 10.8
    Others 1031 21.4
    Occupation
    Census Count Percent(%)
    Pre-school 129 5.6
    Infants/Primary 869 37.4
    Secondary 641 27.6
    Technical or Further Educational Institution 173 7.5
    University or other Tertiary Institutions 445 19.2
    Others 65 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8632 95.5
    Semi-detached, row or terrace house, townhouse 349 3.9
    Flat, unit or apartment 56 0.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1493 46.3
    Being purchased 1326 41.2
    Rented 387 12.0
    Other tenure type 16 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals