Suburb Profile Report for Port Noarlunga SA (5167)

Port Noarlunga House: Median price $392,500, Annual capital growth 3.64%, Number of sales 71, Weekly median advertised rent $330

Port Noarlunga Unit: Median price $270,000, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent $253

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 2594th in the list of Australian suburbs ordered by increase in median house value over the last year, Port Noarlunga, 5167 is in the BOTTOM 40% with a property value increase of 3.29% recorded in median house prices.

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

Port Noarlunga, 5167 is offering SA ‘s 87th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this SA.

Situated 24.08km from the CBD, Port Noarlunga is one of Onkaparinga localities in the postcode 5167.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.27% offered to property buyers. Sellers in Port Noarlunga itself are offering an average vendor discount of -5.90% to real estate investors.

Situated 26.93km from the CBD, Port Noarlunga is one of Onkaparinga localities in the postcode 5167.

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
$392,500 $270,000
2.61% N/A
3.29% N/A
3.64% N/A
$330 $253
71 11
4.37% 4.86%
80.05 76.76

Source: CoreLogic

DSR Score for property investment : Above average (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
Chart Table
Recent sales & rentals