Suburb Profile Report for Mclaren Vale SA (5171)

Mclaren Vale House: Median price $442,500, Annual capital growth 4.62%, Number of sales 71, Weekly median advertised rent $363

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

Source: CoreLogic

  • House Report

Investment property in Mclaren Vale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.72%

Across a shorter period, Mclaren Vale, 5171 has seen a median price increase of 2.31% over the last quarter.

Property buyers and investors in Mclaren Vale 5171 should be seeing an average reduction in asking price of around -6.93% . This means that Mclaren Vale is holding prices well when compared to other suburbs in SA.

In the last year 71 properties changed hands in Mclaren Vale, which puts it as the 119th most active market in SA when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$442,500 N/A
2.31% N/A
8.72% N/A
4.62% N/A
$363 N/A
71 N/A
4.26% N/A
70.18 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Very good (U)
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Demographics
Total population 3860
Median household income ($/weekly) 993
Median age of persons 47
Median housing loan repayment ($/monthly) 1500
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 443 11.5
    35-44 years 489 12.7
    45-54 years 564 14.6
    55-64 years 502 13.0
    65-74 years 472 12.2
    Others 1391 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 1636 56.7
    Not Married 1023 35.4
    Defacto Relationship 227 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2803 75.3
    Greece 38 1.0
    Japan 55 1.5
    United Kingdom 636 17.1
    Other 43 1.2
    Others 148 4.0
    Country of Birth
    Census Count Percent(%)
    Christianity 2257 64.3
    No Religion 1231 35.1
    Buddhism 17 0.5
    Other Religious Groups 5 0.1
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 179 13.2
    $600-$799 149 11.0
    $800-$999 171 12.6
    $1,500-$1,999 162 12.0
    $2,000-$2,499 121 8.9
    Others 572 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1287 41.3
    Employed, worked full-time 977 31.4
    Employed, worked part-time 686 22.0
    Employed, away from work 95 3.0
    Unemployed, looking for work 71 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 268 15.2
    Professionals 288 16.4
    Technicians & trades workers 282 16.0
    Clerical & administrative workers 243 13.8
    Labourers 214 12.2
    Others 463 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 48 5.8
    Infants/Primary 337 40.7
    Secondary 233 28.1
    Technical or Further Educational Institution 67 8.1
    University or other Tertiary Institutions 119 14.4
    Others 25 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3273 91.9
    Semi-detached, row or terrace house, townhouse 195 5.5
    Flat, unit or apartment 56 1.6
    Caravan, cabin, houseboat 37 1.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 640 43.9
    Being purchased 508 34.8
    Rented 242 16.6
    Other tenure type 68 4.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals