Suburb Profile Report for Hallett Cove SA (5158)

Hallett Cove House: Median price $435,000, Annual capital growth 3.57%, Number of sales 252, Weekly median advertised rent $370

Hallett Cove Unit: Median price $335,000, Annual capital growth 3.14%, Number of sales 15, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a poor capital gain of -3.55% for the last year, Hallett Cove, 5158 is the 3401th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Hallett Cove,5158 has racked up an average of -3.55% over the period. This ranks it number 3108th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Hallett Cove is giving property investors an average Vendor Discount of around -5.99%. This puts suburb at number 204th in SA when ranking the most discounted suburbs.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 3.57%, investors should hope to achieve an overall return of 4.42%

If you compare the increase in value of investment property in Hallett Cove, 5158 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 9.84%.

A 7.20% growth in median value for property investors in Hallett Cove,5158 puts this suburb at number 145th in terms of best performing suburbs in SA

At number 116th of SA’s most discounted properties, Hallett Cove is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Hallett Cove, 5158’s gross rental yield is 4.66%

Metrics i HOUSE UNIT
$435,000 $335,000
0.81% -4.29%
-3.55% 9.84%
3.57% 3.14%
$370 $300
252 15
4.42% 4.66%
71.51 111.64

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 12256
Median household income ($/weekly) 1465
Median age of persons 40
Median housing loan repayment ($/monthly) 1600
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1522 12.4
    25-34 years 1241 10.1
    35-44 years 1659 13.5
    45-54 years 2146 17.5
    55-64 years 1879 15.3
    Others 3810 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 5428 57.7
    Not Married 3250 34.5
    Defacto Relationship 731 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 7967 67.0
    Papua New Guinea 141 1.2
    South Africa 216 1.8
    United Kingdom 2203 18.5
    Other 354 3.0
    Others 1016 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 99 0.9
    Christianity 7292 65.4
    Islam 51 0.5
    Other Religious Groups 83 0.7
    No Religion 3575 32.1
    Others 45 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 336 8.5
    $1,000-$1,249 356 9.0
    $1,500-$1,999 610 15.5
    $2,000-$2,499 535 13.6
    $2,500-$2,999 365 9.3
    Others 1737 44.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4021 41.3
    Not in the labour force 2707 27.8
    Employed, worked part-time 2340 24.0
    Employed, away from work 381 3.9
    Unemployed, looking for work 298 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1332 19.8
    Technicians & trades workers 1117 16.6
    Community & personal service workers 740 11.0
    Clerical & administrative workers 1186 17.6
    Sales 744 11.0
    Others 1623 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 161 5.4
    Infants/Primary 1103 36.8
    Secondary 836 27.9
    Technical or Further Educational Institution 279 9.3
    University or other Tertiary Institutions 541 18.1
    Others 76 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11336 96.9
    Semi-detached, row or terrace house, townhouse 264 2.3
    Flat, unit or apartment 98 0.8
    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 2110 48.8
    Fully owned 1565 36.2
    Rented 637 14.7
    Other tenure type 9 0.2
    Tenure Type
Census 2011, ABS
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