Suburb Profile Report for Hallett Cove SA (5158)

Hallett Cove House: Median price $430,000, Annual capital growth 3.99%, Number of sales 231, Weekly median advertised rent $370

Hallett Cove Unit: Median price $335,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $338

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3048th in the list of Australian suburbs ordered by increase in median house value over the last year, Hallett Cove, 5158 is in the BOTTOM 30% with a property value increase of -1.15% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Hallett Cove,5158 has racked up an average of -1.15% over the period. This ranks it number 2510th in the whole country for real estate investors looking at median house price increases.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.54% offered to property buyers. Sellers in Hallett Cove itself are offering an average vendor discount of -5.91% to real estate investors.

At number 1489 in a list of fastest selling suburbs, Hallett Cove is in the TOP 40% of suburbs in Australia with an average of days on market 70.71 for properties listed there.

With the median price for a house in Hallett Cove being $430000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.47%

If we look at median property appreciation over just the last three months, Hallett Cove has given property investors a paper return of -0.36%. This puts Suburb as 99 on a list of fastest fasting appreciating suburbs in SA

The most recent median price for Hallett Cove is $335000, with sellers offering an average of -6.65% off the asking price.

Situated 18.06km from the CBD, Hallett Cove is one of Marion localities in the postcode 5158.

HOUSE UNIT
$430,000 $335,000
-2.49% -0.36%
-1.15% N/A
3.99% N/A
$370 $338
231 13
4.47% 5.24%
70.71 88.18

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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