Suburb Profile Report for Old Noarlunga SA (5168)

Old Noarlunga House: Median price $355,000, Annual capital growth 5.65%, Number of sales 30, Weekly median advertised rent $323

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Old Noarlunga, 5168 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 1.92%.

Over the longer term, Old Noarlunga has seen property prices show investors a 22.94% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Old Noarlunga is giving property investors an average Vendor Discount of around -6.28%. This puts suburb at number 170th in SA when ranking the most discounted suburbs.

Using the current median advertised rental of $322.5 and the average annual increase in value of a median property of 5.65%, investors should hope to achieve an overall return of 4.72%

Metrics i HOUSE UNIT
$355,000 N/A
2.16% N/A
1.92% N/A
5.65% N/A
$323 N/A
30 N/A
4.72% N/A
56.75 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1249
Median household income ($/weekly) 1038
Median age of persons 38
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 154 12.3
    25-34 years 172 13.8
    35-44 years 149 11.9
    45-54 years 177 14.2
    55-64 years 171 13.7
    Others 426 34.1
    Age Group
    Census Count Percent(%)
    Registered Married 450 48.1
    Not Married 386 41.2
    Defacto Relationship 100 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 964 80.3
    Greece 7 0.6
    Papua New Guinea 23 1.9
    United Kingdom 155 12.9
    Other 12 1.0
    Others 40 3.3
    Country of Birth
    Census Count Percent(%)
    Christianity 641 57.2
    No Religion 470 41.9
    Other Religious Groups 7 0.6
    Hinduism 3 0.3
    Buddhism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 55 12.3
    $600-$799 52 11.6
    $800-$999 51 11.4
    $1,000-$1,249 52 11.6
    $1,500-$1,999 71 15.8
    Others 167 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 341 35.4
    Not in the labour force 333 34.6
    Employed, worked part-time 218 22.6
    Employed, away from work 37 3.8
    Unemployed, looking for work 34 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 80 13.3
    Technicians & trades workers 102 17.0
    Community & personal service workers 73 12.1
    Clerical & administrative workers 84 14.0
    Labourers 80 13.3
    Others 182 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 27 9.9
    Infants/Primary 102 37.4
    Secondary 73 26.7
    Technical or Further Educational Institution 22 8.1
    University or other Tertiary Institutions 39 14.3
    Others 10 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1154 96.1
    Flat, unit or apartment 32 2.7
    Semi-detached, row or terrace house, townhouse 15 1.2
    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 253 52.1
    Fully owned 143 29.4
    Rented 90 18.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals