Suburb Profile Report for Hallett Cove SA (5158)

Hallett Cove House: Median price $431,500, Annual capital growth 3.56%, Number of sales 243, Weekly median advertised rent $370

Hallett Cove Unit: Median price $345,000, Annual capital growth 4.08%, Number of sales 11, Weekly median advertised rent $305

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

Source: CoreLogic

  • House Report
  • Unit Report

SA has seen average median house prices change by 2.92% which means that Hallett Cove, 5158 has done well for property investors by showing a capital gain of -0.80% over the last year

A 8.96% growth in median value for property investors in Hallett Cove,5158 puts this suburb at number 237th in terms of best performing suburbs in SA

The most recent median price for Hallett Cove is $431500, with sellers offering an average of -6.07% off the asking price.

Situated 18.34km from the CBD, Hallett Cove is one of Marion localities in the postcode 5158.

Hallett Cove has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 11.29% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Hallett Cove comes in at number 67th in SA.

LACK OF BUYER INTEREST may well be the reason that Hallett Cove is offering property investors an average of -6.26. This rate of discount on properties puts Suburb at number 146th in terms of most discounted suburbs in SA

In the last year 11 properties changed hands in Hallett Cove, which puts it as the 192th most active market in SA when comparing the number of sales per suburb.

Hallett Cove, 5158’s gross rental yield is 4.60%

Metrics i HOUSE UNIT
$431,500 $345,000
0.35% N/A
-0.80% 11.29%
3.56% 4.08%
$370 $305
243 11
4.46% 4.60%
70.44 94.6

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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