Suburb Profile Report for Davoren Park SA (5113)

Davoren Park House: Median price $181,000, Annual capital growth 2.60%, Number of sales 105, Weekly median advertised rent $255

Davoren Park Unit: Median price $143,000, Annual capital growth 3.36%, Number of sales 28, Weekly median advertised rent $205

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Davoren Park have tracked just lower than the SA average of 3.04% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Davoren Park comes in at number 361th in SA.

At number 57th of SA’s most discounted properties, Davoren Park is in the bottom 20% of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 8.75 sales per month, which equates to 105 per year.

Davoren Park is 10th on a list of best yielding suburbs for rents in SA with a 7.33% return

Investment property in Davoren Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.54%

If we look at median property appreciation over just the last three months, Davoren Park has given property investors a paper return of 5.54%. This puts Suburb as 41 on a list of fastest fasting appreciating suburbs in SA

Property investors looking for a bargain in Davoren Park should be aiming for at least -4.80% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Davoren Park the average time real estate has been on the market is 85.21 days.

Property investors should expect to get $205 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$181,000 $143,000
0.00% 5.54%
0.56% 5.54%
2.60% 3.36%
$255 $205
105 28
7.33% 7.45%
87.68 85.21

Source: CoreLogic

DSR Score for property investment : Very good (U), Above average (H)
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Demographics
Total population 7000
Median household income ($/weekly) 688
Median age of persons 30
Median housing loan repayment ($/monthly) 1083
Average household size 2.5
  • Census Count Percent(%)
    0-4 years 666 9.5
    5-14 years 1048 15.0
    25-34 years 993 14.2
    35-44 years 812 11.6
    45-54 years 842 12.0
    Others 2639 37.7
    Age Group
    Census Count Percent(%)
    Not Married 2681 57.0
    Registered Married 1381 29.4
    Defacto Relationship 640 13.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5168 79.5
    Papua New Guinea 56 0.9
    Philippines 46 0.7
    United Kingdom 634 9.8
    Other 333 5.1
    Others 260 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 89 1.5
    Christianity 3078 51.6
    Islam 79 1.3
    Other Religious Groups 46 0.8
    No Religion 2663 44.6
    Others 12 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 293 13.0
    $400-$599 408 18.1
    $600-$799 382 16.9
    $800-$999 279 12.4
    $1,000-$1,249 232 10.3
    Others 660 29.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2656 54.4
    Employed, worked full-time 1096 22.4
    Employed, worked part-time 578 11.8
    Unemployed, looking for work 427 8.7
    Employed, away from work 129 2.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 252 14.0
    Community & personal service workers 212 11.8
    Sales 184 10.2
    Machinery operators & drivers 314 17.4
    Labourers 443 24.6
    Others 398 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 116 7.5
    Infants/Primary 711 45.8
    Secondary 407 26.2
    Technical or Further Educational Institution 168 10.8
    University or other Tertiary Institutions 85 5.5
    Others 67 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5098 78.5
    Semi-detached, row or terrace house, townhouse 1358 20.9
    Flat, unit or apartment 42 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(%)
    Rented 1298 53.0
    Being purchased 736 30.0
    Fully owned 407 16.6
    Other tenure type 10 0.4
    Tenure Type
Census 2011, ABS
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