Suburb Profile Report for Hackham SA (5163)

Hackham House: Median price $265,000, Annual capital growth 3.57%, Number of sales 72, Weekly median advertised rent $305

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

Source: CoreLogic

  • House Report
  • Expert Report

Investment property in Hackham has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hackham has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Hackham should be aiming for at least -6.49% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $3660 per annum or $305 every week.

Sarah Briggs Information supplied by:

Sarah Briggs
Century 21

M 0432 084 179
O 08 8382 6999

W www.century21.com.au/southern
E sarah@century21.net.au
Hackham provides a wide variety of properties – big blocks of over 1000sqm with large family homes, traditional three bedroom homes sitting on about 600sqm of land and new courtyard style homes for people who prefer less land and little maintenance. It’s a smaller suburb with low rental vacancy and more owner occupiers than renters. Full summary
Selling points: Hackham provides a wide variety of properties – big blocks of over 1000sqm with large family homes, traditional three bedroom homes sitting on about 600sqm of land and new courtyard style homes for people who prefer less land and little maintenance. It’s a smaller suburb with low rental vacancy and more owner occupiers than renters. 
 
Most sort after properties: Newly built courtyard / villa 3 bedroom, 2 bathroom double garage homes on about 400sqm
 
Most common properties:  3 bedroom, 1 bathroom, 1 car space, conventional block size 650sqm
 
Top amenities: Hackham East Primary School, Foodland Supermarket on Collins Parade, Woolworths supermarket on Penney’s Hill Road. 
 
Local industry and business: There is a small industrial area south of Cottage Lane, where there is a bottle and can recycling depot, car mechanics and a few other small businesses. 
 
Recent changes: City of Onkaparing Council as part of the Development Plan Amendment is in the process of changing zoning of Rural Living to Residential. They are also upgrading roads such as Cottage Lane to allow for progress of development. Most properties that are Residential are zoned medium density, meaning conventional blocks may be sub-divided subject to council approval 
 
Best streets: Vintage Avenue, Michael Avenue for the best of the older style and Mountain Ash Court for newer courtyard living.
 
Public transport: Many bus stops throughout the area with bus routes to Colonnades Shopping Centre, Noarlunga Train Line, Woodcroft Shopping Centre and Adelaide City.
 
Main arteries: Hackham is quite a square shaped suburb with Doctors, South, States Roads and Cottage Lane being the main roads in and out of the area, with Collins Parade running through the middle of the Suburb. 
Close
HOUSE UNIT
$265,000 N/A
-5.36% N/A
0.00% N/A
3.57% N/A
$305 N/A
72 N/A
5.98% N/A
62 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Hackham SA
Demographics
Total population 4103
Median household income ($/weekly) 911
Median age of persons 38
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 503 12.3
    25-34 years 566 13.8
    35-44 years 525 12.8
    45-54 years 444 10.8
    55-64 years 563 13.7
    Others 1501 36.6
    Age Group
    Census Count Percent(%)
    Registered Married 1343 45.7
    Not Married 1238 42.2
    Defacto Relationship 356 12.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3103 79.2
    Greece 46 1.2
    Papua New Guinea 37 0.9
    United Kingdom 458 11.7
    Other 72 1.8
    Others 202 5.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 0.8
    Christianity 2152 59.0
    Hinduism 4 0.1
    Other Religious Groups 22 0.6
    No Religion 1435 39.4
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 205 14.5
    $600-$799 184 13.1
    $800-$999 169 12.0
    $1,000-$1,249 166 11.8
    $1,500-$1,999 161 11.4
    Others 524 37.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1305 41.0
    Employed, worked full-time 1041 32.7
    Employed, worked part-time 596 18.7
    Unemployed, looking for work 142 4.5
    Employed, away from work 96 3.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 321 18.5
    Community & personal service workers 242 14.0
    Clerical & administrative workers 236 13.6
    Sales 208 12.0
    Labourers 221 12.8
    Others 505 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 50 6.3
    Infants/Primary 323 40.5
    Secondary 234 29.4
    Technical or Further Educational Institution 87 10.9
    University or other Tertiary Institutions 83 10.4
    Others 20 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3373 90.2
    Flat, unit or apartment 272 7.3
    Semi-detached, row or terrace house, townhouse 93 2.5
    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 691 45.6
    Fully owned 453 29.9
    Rented 365 24.1
    Other tenure type 5 0.3
    Tenure Type
Census 2011, ABS
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