Suburb Profile Report for Gilberton SA (5081)

Gilberton House: Median price $910,000, Annual capital growth 2.69%, Number of sales 25, Weekly median advertised rent $495

Gilberton Unit: Median price $447,000, Annual capital growth 6.69%, Number of sales 38, Weekly median advertised rent $363

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property investors who have had real estate in Gilberton, 5081 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.96%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gilberton has increased when compared to the 5 year average annual rate.

Gilberton5081 is located in SA which offers an average discount of -6.50% to property investors. Gilberton itself is showing figures that indicate -11.89% is the average achievable by property buyers investing in the suburb.

Situated 2.94km from the CBD, Gilberton is one of Walkerville localities in the postcode 5081.

Gilberton is in the TOP 30% in SA when comparing median price capital growth over the last year. Gilberton gave property investors a good capital gain figure when compared to the rest of the state, with 12.45%.

Gilberton,5081 has offered an average of 12.45% return per annum in house price rises to property investors over the last three years.

With the median price for a house in Gilberton being $447000 and the advertised rent reaching $362.5 the gross rental yield for property investors calculates out to be 4.22%

YIP MAG Information supplied by:

YIP MAG
February 2016

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A relatively small suburb to the north of the Adelaide CBD, Gilberton has seen its unit market hit some trouble in recent years.Full summary A relatively small suburb to the north of the Adelaide CBD, Gilberton has seen its unit market hit some trouble in recent years.

Currently the median unit price in the suburb sits at a relatively affordable $352,000, and looks like it could become even more so after falling in recent years.

In the past 12 months, the median unit price has fallen 47%, while over the last three years it has dropped 10%.

In spite of the falling prices, the bargain hunters haven’t swooped down on Gilberton yet, with only 12 units sold in the last 12 months.

While capital growth hasn’t been great recently, landlords are seeing decent enough rental returns, with average yields sitting at 5%.

The average weekly rent for a unit in Gilberton is $340

Selling points: 
- Tree lined streets
- Large Allotments
- Character Homes 
- Close the CBD
- Close to Private and Public Schools
- Close to local amenities
- Close to public transport

 Close
Metrics i HOUSE UNIT
$910,000 $447,000
-2.15% 24.17%
1.96% 12.45%
2.69% 6.69%
$495 $363
25 38
2.83% 4.22%
78.41 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
Find a mortgage broker in Gilberton SA
Demographics
Total population 1365
Median household income ($/weekly) 1252
Median age of persons 43
Median housing loan repayment ($/monthly) 1400
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 166 12.2
    35-44 years 194 14.2
    45-54 years 163 11.9
    55-64 years 242 17.7
    65-74 years 119 8.7
    Others 481 35.2
    Age Group
    Census Count Percent(%)
    Not Married 511 48.4
    Registered Married 481 45.5
    Defacto Relationship 64 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 884 70.4
    Croatia 26 2.1
    Indonesia 36 2.9
    United Kingdom 105 8.4
    Other 77 6.1
    Others 128 10.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 2.1
    Christianity 728 59.9
    Hinduism 25 2.1
    Islam 35 2.9
    No Religion 387 31.9
    Others 14 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 46 8.7
    $300-$399 49 9.2
    $600-$799 43 8.1
    $1,500-$1,999 57 10.8
    $2,500-$2,999 61 11.5
    Others 274 51.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 421 37.9
    Employed, worked full-time 363 32.7
    Employed, worked part-time 249 22.4
    Unemployed, looking for work 40 3.6
    Employed, away from work 37 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 95 14.6
    Professionals 261 40.1
    Community & personal service workers 61 9.4
    Clerical & administrative workers 83 12.7
    Sales 47 7.2
    Others 104 16.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 82 24.8
    Secondary 75 22.7
    Technical or Further Educational Institution 25 7.6
    University or other Tertiary Institutions 132 40.0
    Other type of educational institution 9 2.7
    Others 7 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 782 63.8
    Semi-detached, row or terrace house, townhouse 330 26.9
    Flat, unit or apartment 113 9.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 209 37.5
    Fully owned 205 36.8
    Being purchased 134 24.1
    Other tenure type 9 1.6
    Tenure Type
Census 2011, ABS
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