Suburb Profile Report for Seaford Meadows SA (5169)

Seaford Meadows House: Median price $385,000, Annual capital growth 0.44%, Number of sales 89, Weekly median advertised rent $350

Seaford Meadows Unit: Median price $299,750, Annual capital growth -1.49%, Number of sales 12, Weekly median advertised rent $328

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 1.32% for the last year, Seaford Meadows, 5169 is the 2680th highest performer in Australia in this respect.

Over the longer term, Seaford Meadows has seen property prices show investors a 4.05% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -5.71% to buyers in Seaford Meadows at the moment, which is less than average for the rest of SA.

In the last year 89 properties changed hands in Seaford Meadows, which puts it as the 74th most active market in SA when comparing the number of sales per suburb.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.73%, without taking into account capital value appreciation, which has been averaging out at 0.44%.

SA has seen average median house prices change by 3.64% which means that Seaford Meadows, 5169 has done well for property investors by showing a capital gain of 4.44% over the last year

Across a shorter period, Seaford Meadows, 5169 has seen a median price increase of -3.31% over the last quarter.

Using the current median advertised rental of $327.5 and the average annual increase in value of a median property of -1.49%, investors should hope to achieve an overall return of 5.68%

Metrics i HOUSE UNIT
$385,000 $299,750
-0.26% -3.31%
1.32% 4.44%
0.44% -1.49%
$350 $328
89 12
4.73% 5.68%
94.13 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1650
Median household income ($/weekly) 1331
Median age of persons 27
Median housing loan repayment ($/monthly) 1846
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 169 10.2
    5-14 years 289 17.5
    20-24 years 148 9.0
    25-34 years 370 22.4
    35-44 years 252 15.3
    Others 423 25.6
    Age Group
    Census Count Percent(%)
    Registered Married 496 46.8
    Not Married 347 32.7
    Defacto Relationship 217 20.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1134 75.1
    Papua New Guinea 22 1.5
    South Africa 19 1.3
    United Kingdom 243 16.1
    Other 30 2.0
    Others 62 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 710 50.1
    No Religion 677 47.8
    Hinduism 11 0.8
    Buddhism 10 0.7
    Islam 9 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 53 10.5
    $600-$799 52 10.3
    $1,000-$1,249 52 10.3
    $1,500-$1,999 102 20.2
    $2,000-$2,499 70 13.9
    Others 176 34.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 504 45.9
    Not in the labour force 295 26.8
    Employed, worked part-time 216 19.7
    Unemployed, looking for work 50 4.5
    Employed, away from work 34 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 133 17.6
    Technicians & trades workers 153 20.3
    Community & personal service workers 78 10.3
    Clerical & administrative workers 136 18.0
    Sales 82 10.9
    Others 172 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 28 6.7
    Infants/Primary 203 48.2
    Secondary 95 22.6
    Technical or Further Educational Institution 33 7.8
    University or other Tertiary Institutions 49 11.6
    Others 13 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1444 96.2
    Semi-detached, row or terrace house, townhouse 46 3.1
    Flat, unit or apartment 11 0.7
    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 309 56.6
    Rented 184 33.7
    Fully owned 47 8.6
    Other tenure type 6 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals