Suburb Profile Report for Hallett Cove SA (5158)

Hallett Cove House: Median price $460,000, Annual capital growth 3.79%, Number of sales 246, Weekly median advertised rent $370

Hallett Cove Unit: Median price $314,000, Annual capital growth 2.48%, Number of sales 14, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Hallett Cove is an average performer in SA when comparing median price capital growth over the last year. Hallett Cove gave property investors a good capital gain figure when compared to the rest of the state, with 6.98%.

The five-year average increase in median property values for Hallett Cove,5158 has given property investors a potential capital gain of 16.16% across each of those five years.

At number 186th of SA’s most discounted properties, Hallett Cove is in the middle of the state/territory when listing in order of most discounted to least.

The SA suburb of Hallett Cove, 5158 is in the Marion local government area.

If you compare the increase in value of investment property in Hallett Cove, 5158 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -7.10%.

Comparing Hallett Cove,5158 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Hallett Cove, 5158 is offering SA ‘s 102th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this SA.

At number 1167 in a list of fastest selling suburbs, Hallett Cove is in the bottom 30% of suburbs in Australia with an average of days on market 103.37 for properties listed there.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 2.48%, investors should hope to achieve an overall return of 4.97%

Metrics i HOUSE UNIT
$460,000 $314,000
5.75% -6.27%
6.98% -7.10%
3.79% 2.48%
$370 $300
246 14
4.18% 4.97%
68.87 103.37

Source: CoreLogic

DSR Score for property investment : Good (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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