Hackham is in the bottom 20% in SA when comparing median price capital growth over the last year. Hackham gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.37%.
Over the longer term, Hackham has seen property prices show investors a 4.62% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hackham, 5163. Typically our figures indicate that -7.03% is being offered, which puts this SA suburb at 1144th most discounted overall in Australia.
Residents and property investors in Hackham have been waiting around 66.29 days to sell a property.
Hackham is 49th on a list of best yielding suburbs for rents in SA with a 5.74% return
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
Information supplied by:
0432 084 179
08 8382 6999
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.