Suburb Profile Report for Hope Valley SA (5090)

Hope Valley House: Median price $385,150, Annual capital growth 4.33%, Number of sales 127, Weekly median advertised rent $340

Hope Valley Unit: Median price $281,925, Annual capital growth 3.86%, Number of sales 35, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2338th in the list of Australian suburbs ordered by increase in median house value over the last year, Hope Valley, 5090 is in the BOTTOM 50% with a property value increase of 2.71% recorded in median house prices.

Hope Valley,5090 was ranked 2316 in Australia by increase in median property value over the quarter.

Vendor discounting in Hope Valley is giving property investors an average Vendor Discount of around -5.35%. This puts suburb at number 260th in SA when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $4080 per annum or $340 every week.

At number 1353th in the list of Australian suburbs ordered by increase in median house value over the last year, Hope Valley, 5090 is in the BOTTOM 30% with a property value increase of -3.62% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Hope Valley,5090 has racked up an average of -3.62% over the period. This ranks it number 1191th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Hope Valley should be aiming for at least -5.95% off the asking price, which is the average vendor discount being achieved at the moment.

At number 764 in a list of fastest selling suburbs, Hope Valley is just in the bottom half of suburbs in Australia with an average of days on market 79.16 for properties listed there.

Renters in Suburb are facing rents around $3540 per annum or $295 every week.

HOUSE UNIT
$385,150 $281,925
0.30% 0.69%
2.71% -3.62%
4.33% 3.86%
$340 $295
127 35
4.59% 5.44%
45.97 79.16

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 7639
Median household income ($/weekly) 944
Median age of persons 46
Median housing loan repayment ($/monthly) 1500
Average household size 2.3
  • Census Count Percent(%)
    25-34 years 868 11.4
    35-44 years 896 11.7
    45-54 years 851 11.1
    55-64 years 943 12.3
    75-84 years 844 11.1
    Others 3236 42.4
    Age Group
    Census Count Percent(%)
    Registered Married 2988 52.3
    Not Married 2329 40.8
    Defacto Relationship 397 6.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5445 74.1
    Greece 114 1.6
    Japan 167 2.3
    United Kingdom 825 11.2
    Other 249 3.4
    Others 550 7.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 83 1.2
    Christianity 5055 73.1
    Islam 59 0.9
    Other Religious Groups 48 0.7
    No Religion 1624 23.5
    Others 45 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 295 10.5
    $400-$599 430 15.2
    $600-$799 322 11.4
    $800-$999 295 10.5
    $1,500-$1,999 333 11.8
    Others 1146 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2831 45.5
    Employed, worked full-time 1945 31.3
    Employed, worked part-time 1067 17.2
    Employed, away from work 197 3.2
    Unemployed, looking for work 181 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 596 18.6
    Technicians & trades workers 549 17.1
    Community & personal service workers 364 11.3
    Clerical & administrative workers 563 17.5
    Sales 333 10.4
    Others 805 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 73 5.2
    Infants/Primary 536 38.3
    Secondary 331 23.6
    Technical or Further Educational Institution 162 11.6
    University or other Tertiary Institutions 243 17.4
    Others 55 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5597 81.3
    Semi-detached, row or terrace house, townhouse 1079 15.7
    Flat, unit or apartment 206 3.0
    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 1055 35.4
    Being purchased 1020 34.2
    Rented 533 17.9
    Other tenure type 375 12.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals