Suburb Profile Report for Port Noarlunga SA (5167)

Port Noarlunga House: Median price $380,000, Annual capital growth 3.23%, Number of sales 65, Weekly median advertised rent $320

Port Noarlunga Unit: Median price $265,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

SA has seen average median house prices change by 3.45% which means that Port Noarlunga, 5167 has done well for property investors by showing a capital gain of -0.65% over the last year

Taking the average capital gain, or increase in median house value, Port Noarlunga,5167 has racked up an average of -0.65% over the period. This ranks it number 3028th in the whole country for real estate investors looking at median house price increases.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.17% offered to property buyers. Sellers in Port Noarlunga itself are offering an average vendor discount of -8.12% to real estate investors.

In the last year 65 properties changed hands in Port Noarlunga, which puts it as the 136th most active market in SA when comparing the number of sales per suburb.

Situated 24.66km from the CBD, Port Noarlunga is one of Onkaparinga localities in the postcode 5167.

Port Noarlunga, 5167 is offering SA ‘s 55th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this SA.

Residents and property investors in Port Noarlunga have been waiting around 86.36 days to sell a property.

Property investors should expect to get $250 weekly from the median priced house in this suburb.

YIP MAG Information supplied by:

YIP MAG
July 2015

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Located about 25km from the Adelaide CBD, Port Noarlunga is fast becoming a hotspot for both homebuyers and investors, thanks to its ultra-affordable price tag.Full summary

Located about 25km from the Adelaide CBD, Port Noarlunga is fast becoming a hotspot for both homebuyers and investors, thanks to its ultra-affordable price tag.

But that’s not the only reason for the massive interest. Port Noarlunga is undergoing a massive gentrification as investors knock down older homes and redevelop them.

The development of the waterfront in neighbouring Christies Beach is also having a positive impact on the suburb’s image.

Its desirable location being so close to the beach is another big plus for the suburb.

It’s easily accessible via public transport and via car.

House prices have suffered a sharp drop in value during the past 12 months, losing 12%, which opens up excellent buying opportunity for investors looking to capitalise on the suburb’s long-term growth potential.

Close
Metrics i HOUSE UNIT
$380,000 $265,000
-5.47% N/A
-0.65% N/A
3.23% N/A
$320 $250
65 10
4.38% 4.91%
84.71 86.36

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 2631
Median household income ($/weekly) 935
Median age of persons 44
Median housing loan repayment ($/monthly) 1419
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 258 9.8
    25-34 years 265 10.1
    35-44 years 364 13.8
    45-54 years 375 14.2
    55-64 years 375 14.2
    Others 996 37.8
    Age Group
    Census Count Percent(%)
    Registered Married 869 44.1
    Not Married 862 43.7
    Defacto Relationship 240 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1750 69.3
    New Zealand 34 1.3
    Papua New Guinea 39 1.5
    United Kingdom 532 21.1
    Other 60 2.4
    Others 111 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 1.7
    Christianity 1481 62.3
    Islam 12 0.5
    Other Religious Groups 8 0.3
    No Religion 831 34.9
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 96 9.8
    $400-$599 146 14.9
    $600-$799 126 12.9
    $800-$999 100 10.2
    $1,500-$1,999 143 14.6
    Others 368 37.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 860 40.1
    Employed, worked full-time 718 33.5
    Employed, worked part-time 416 19.4
    Unemployed, looking for work 85 4.0
    Employed, away from work 65 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 211 17.6
    Technicians & trades workers 227 19.0
    Community & personal service workers 162 13.5
    Clerical & administrative workers 163 13.6
    Labourers 130 10.9
    Others 303 25.3
    Occupation
    Census Count Percent(%)
    Pre-school 34 7.0
    Infants/Primary 187 38.4
    Secondary 131 26.9
    Technical or Further Educational Institution 58 11.9
    University or other Tertiary Institutions 62 12.7
    Others 15 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2084 87.2
    Semi-detached, row or terrace house, townhouse 153 6.4
    Flat, unit or apartment 149 6.2
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 402 38.5
    Fully owned 317 30.3
    Rented 304 29.1
    Other tenure type 22 2.1
    Tenure Type
Census 2011, ABS
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