Suburb Profile Report for Hewett SA (5118)

Hewett House: Median price $454,000, Annual capital growth 2.47%, Number of sales 45, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report

Hewett is in the bottom 40% in SA when comparing median price capital growth over the last year. Hewett gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.33%.

A 1.45% growth in median value for property investors in Hewett,5118 puts this suburb at number 225th in terms of best performing suburbs in SA

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.20% offered to property buyers. Sellers in Hewett itself are offering an average vendor discount of -6.40% to real estate investors.

At number 2733 in a list of fastest selling suburbs, Hewett is in the bottom 30% of suburbs in Australia with an average of days on market 97.33 for properties listed there.

With the median price for a house in Hewett being $454000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.81%

Metrics i HOUSE UNIT
$454,000 N/A
0.33% N/A
0.33% N/A
2.47% N/A
$420 N/A
45 N/A
4.81% N/A
97.33 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Hewett SA
Demographics
Total population 2754
Median household income ($/weekly) 1914
Median age of persons 32
Median housing loan repayment ($/monthly) 1733
Average household size 3.3
  • Census Count Percent(%)
    0-4 years 253 9.2
    5-14 years 539 19.6
    25-34 years 354 12.9
    35-44 years 556 20.2
    45-54 years 423 15.4
    Others 629 22.8
    Age Group
    Census Count Percent(%)
    Registered Married 1220 65.1
    Not Married 477 25.5
    Defacto Relationship 176 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2239 83.6
    Papua New Guinea 15 0.6
    South Africa 17 0.6
    United Kingdom 315 11.8
    Other 29 1.1
    Others 62 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1635 65.6
    No Religion 833 33.4
    Islam 12 0.5
    Buddhism 6 0.2
    Other Religious Groups 5 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 61 8.1
    $1,250-$1,499 62 8.2
    $1,500-$1,999 133 17.7
    $2,000-$2,499 140 18.6
    $2,500-$2,999 104 13.8
    Others 253 33.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 940 48.9
    Employed, worked part-time 432 22.5
    Not in the labour force 403 20.9
    Employed, away from work 97 5.0
    Unemployed, looking for work 52 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 213 14.5
    Professionals 241 16.4
    Technicians & trades workers 230 15.6
    Community & personal service workers 172 11.7
    Clerical & administrative workers 225 15.3
    Others 393 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 65 7.4
    Infants/Primary 418 47.5
    Secondary 222 25.2
    Technical or Further Educational Institution 77 8.8
    University or other Tertiary Institutions 83 9.4
    Others 15 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2703 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 568 68.8
    Fully owned 146 17.7
    Rented 112 13.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals