Suburb Profile Report for Vale Park SA (5081)

Vale Park House: Median price $614,500, Annual capital growth 3.86%, Number of sales 47, Weekly median advertised rent $380

Vale Park Unit: Median price $534,000, Annual capital growth N/A, Number of sales 20, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Vale Park, 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 2.08%

Across a shorter period, Vale Park, 5081 has seen a median price increase of 0.90% over the last quarter.

Vendor discounting in Vale Park is giving property investors an average Vendor Discount of around -5.61%. This puts suburb at number 221th in SA when ranking the most discounted suburbs.

At number 2526 in a list of fastest selling suburbs, Vale Park is in the bottom 40% of suburbs in Australia with an average of days on market 96.21 for properties listed there.

With the median price for a house in Vale Park being $614500 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 3.22%

If we look at median property appreciation over just the last three months, Vale Park has given property investors a paper return of -0.59%. This puts Suburb as 102 on a list of fastest fasting appreciating suburbs in SA

HOUSE UNIT
$614,500 $534,000
0.90% -0.59%
2.08% N/A
3.86% N/A
$380 N/A
47 20
3.22% N/A
96.21 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2158
Median household income ($/weekly) 1306
Median age of persons 43
Median housing loan repayment ($/monthly) 1534
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 245 11.4
    25-34 years 231 10.7
    35-44 years 307 14.2
    45-54 years 286 13.3
    55-64 years 271 12.6
    Others 818 37.9
    Age Group
    Census Count Percent(%)
    Registered Married 936 55.7
    Not Married 653 38.9
    Defacto Relationship 91 5.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1485 71.4
    Croatia 61 2.9
    Japan 61 2.9
    United Kingdom 120 5.8
    Other 78 3.8
    Others 275 13.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 2.9
    Christianity 1335 67.1
    Hinduism 56 2.8
    Other Religious Groups 26 1.3
    No Religion 498 25.0
    Others 16 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 81 10.4
    $800-$999 71 9.1
    $1,500-$1,999 83 10.7
    $2,000-$2,499 76 9.8
    $2,500-$2,999 66 8.5
    Others 399 51.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 669 38.9
    Employed, worked full-time 611 35.5
    Employed, worked part-time 352 20.5
    Unemployed, looking for work 47 2.7
    Employed, away from work 42 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 143 14.2
    Professionals 340 33.8
    Technicians & trades workers 91 9.1
    Community & personal service workers 104 10.3
    Clerical & administrative workers 155 15.4
    Others 172 17.1
    Occupation
    Census Count Percent(%)
    Pre-school 29 5.6
    Infants/Primary 176 34.2
    Secondary 122 23.7
    Technical or Further Educational Institution 29 5.6
    University or other Tertiary Institutions 141 27.4
    Others 18 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1923 94.4
    Flat, unit or apartment 52 2.6
    Caravan, cabin, houseboat 38 1.9
    Semi-detached, row or terrace house, townhouse 25 1.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 415 50.2
    Being purchased 231 27.9
    Rented 172 20.8
    Other tenure type 9 1.1
    Tenure Type
Census 2011, ABS
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