Suburb Profile Report for Hope Valley SA (5090)

Hope Valley House: Median price $390,000, Annual capital growth 4.40%, Number of sales 130, Weekly median advertised rent $345

Hope Valley Unit: Median price $292,500, Annual capital growth 3.73%, Number of sales 27, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Hope Valley has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of 1.34% to date .

Hope Valley,5090 has offered an average of 1.34% return per annum in house price rises to property investors over the last three years.

Hope Valley, 5090 is offering SA ‘s 305th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this SA.

At number 825 in a list of fastest selling suburbs, Hope Valley is in the TOP 30% of suburbs in Australia with an average of days on market 54.87 for properties listed there.

Property investors who have had real estate in Hope Valley, 5090 should be relatively pleased 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 6.36%

Comparing Hope Valley,5090 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

The most recent median price for Hope Valley is $292500, with sellers offering an average of -6.15% off the asking price.

Residents and property investors in Hope Valley have been waiting around 53.91 days to sell a property.

A $290 per week rent on the median house gives suburb investors a gross yield of circa 5.16%, without taking into account capital value appreciation, which has been averaging out at 3.73%.

Metrics i HOUSE UNIT
$390,000 $292,500
0.00% 4.46%
1.34% 6.36%
4.40% 3.73%
$345 $290
130 27
4.60% 5.16%
54.87 53.91

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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