Suburb Profile Report for Mclaren Flat SA (5171)

Mclaren Flat House: Median price $517,000, Annual capital growth 6.92%, Number of sales 30, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

With a capital gain of -0.19% for the last 12 months, Mclaren Flat, 5171 has performed for property investments than its average annual 6.92% property growth over the last 5 years.

Across a shorter period, Mclaren Flat, 5171 has seen a median price increase of 2.38% over the last quarter.

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 Mclaren Flat, 5171. Typically our figures indicate that -5.16% is being offered, which puts this SA suburb at 2120th most discounted overall in Australia.

In the last year 30 properties changed hands in Mclaren Flat, which puts it as the 301th most active market in SA when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$517,000 N/A
2.38% N/A
-0.19% N/A
6.92% N/A
N/A N/A
30 N/A
N/A N/A
94.94 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Mclaren Flat SA
Demographics
Total population 1310
Median household income ($/weekly) 1518
Median age of persons 34
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 228 17.4
    25-34 years 188 14.4
    35-44 years 270 20.6
    45-54 years 153 11.7
    55-64 years 138 10.5
    Others 332 25.4
    Age Group
    Census Count Percent(%)
    Registered Married 567 63.8
    Not Married 232 26.1
    Defacto Relationship 90 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1053 82.2
    Greece 7 0.5
    Japan 8 0.6
    Papua New Guinea 12 0.9
    United Kingdom 179 14.0
    Others 22 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 727 60.3
    No Religion 467 38.7
    Buddhism 6 0.5
    Other Religious Groups 6 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 35 8.8
    $800-$999 36 9.1
    $1,250-$1,499 39 9.8
    $1,500-$1,999 72 18.1
    $2,000-$2,499 67 16.9
    Others 148 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 419 44.8
    Employed, worked part-time 242 25.9
    Not in the labour force 206 22.0
    Employed, away from work 36 3.9
    Unemployed, looking for work 32 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 120 17.2
    Professionals 87 12.5
    Technicians & trades workers 107 15.3
    Clerical & administrative workers 121 17.3
    Labourers 80 11.5
    Others 183 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 29 8.4
    Infants/Primary 168 48.6
    Secondary 83 24.0
    Technical or Further Educational Institution 23 6.6
    University or other Tertiary Institutions 31 9.0
    Others 12 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1244 99.6
    Flat, unit or apartment 5 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    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 256 58.7
    Fully owned 115 26.4
    Rented 62 14.2
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals