Suburb Profile Report for Davoren Park SA (5113)

Davoren Park House: Median price $180,000, Annual capital growth 2.05%, Number of sales 98, Weekly median advertised rent $255

Davoren Park Unit: Median price $140,000, Annual capital growth 2.60%, Number of sales 37, Weekly median advertised rent $210

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

Source: CoreLogic

  • House Report
  • Unit Report

Davoren Park, 5113 ranked 344th in SA when comparing growth in median property values or capital gain over the last 12 months. Davoren Park is one of 853 in our list for SA

Davoren Park,5113 was ranked 2670 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Davoren Park, 5113. Typically our figures indicate that -8.15% is being offered, which puts this SA suburb at 672th most discounted overall in Australia.

With the median price for a house in Davoren Park being $180000 and the advertised rent reaching $255 the gross rental yield for property investors calculates out to be 7.37%

If you compare the increase in value of investment property in Davoren Park, 5113 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 2.94%.

The five-year average increase in median property values for Davoren Park,5113 has given property investors a potential capital gain of 0.00% across each of those five years.

Property investors looking for a bargain in Davoren Park should be aiming for at least -9.73% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 3.08 sales per month, which equates to 37 per year.

Davoren Park, 5113’s gross rental yield is 7.80%

Metrics i HOUSE UNIT
$180,000 $140,000
0.00% -2.10%
-1.64% 2.94%
2.05% 2.60%
$255 $210
98 37
7.37% 7.80%
85.06 81.11

Source: CoreLogic

DSR Score for property investment : Very good (U), Above average (H)
Find a mortgage broker in Davoren Park SA
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
Chart Table
Recent sales & rentals