Suburb Profile Report for Encounter Bay SA (5211)

Encounter Bay House: Median price $371,000, Annual capital growth 1.67%, Number of sales 181, Weekly median advertised rent $310

Encounter Bay Unit: Median price $272,500, Annual capital growth N/A, Number of sales 14, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1757th in the list of Australian suburbs ordered by increase in median house value over the last year, Encounter Bay, 5211 is in the top half with a property value increase of 6.00% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Encounter Bay,5211 has racked up an average of 6.00% over the period. This ranks it number 2769th in the whole country for real estate investors looking at median house price increases.

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 Encounter Bay, 5211. Typically our figures indicate that -6.94% is being offered, which puts this SA suburb at 1287th most discounted overall in Australia.

Across a shorter period, Encounter Bay, 5211 has seen a median price increase of 6.86% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Encounter Bay is offering property investors an average of -6.44. This rate of discount on properties puts Suburb at number 133th in terms of most discounted suburbs in SA

HOUSE UNIT
$371,000 $272,500
-2.37% 6.86%
6.00% N/A
1.67% N/A
$310 $255
181 14
4.35% 4.87%
128.08 134.9

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 4332
Median household income ($/weekly) 711
Median age of persons 62
Median housing loan repayment ($/monthly) 1240
Average household size 2
  • Census Count Percent(%)
    5-14 years 321 7.4
    45-54 years 375 8.7
    55-64 years 793 18.3
    65-74 years 1026 23.7
    75-84 years 646 14.9
    Others 1171 27.0
    Age Group
    Census Count Percent(%)
    Registered Married 2069 62.7
    Not Married 994 30.1
    Defacto Relationship 235 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3037 74.0
    Greece 57 1.4
    Papua New Guinea 40 1.0
    United Kingdom 764 18.6
    Other 56 1.4
    Others 152 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.8
    Christianity 2778 72.5
    Hinduism 4 0.1
    Other Religious Groups 11 0.3
    No Religion 1006 26.2
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 163 9.4
    $400-$599 422 24.3
    $600-$799 306 17.6
    $800-$999 237 13.7
    $1,000-$1,249 161 9.3
    Others 445 25.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2337 64.6
    Employed, worked full-time 562 15.5
    Employed, worked part-time 539 14.9
    Employed, away from work 93 2.6
    Unemployed, looking for work 87 2.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 187 15.6
    Technicians & trades workers 170 14.2
    Community & personal service workers 174 14.6
    Sales 174 14.6
    Labourers 140 11.7
    Others 350 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 26 5.3
    Infants/Primary 226 46.3
    Secondary 134 27.5
    Technical or Further Educational Institution 54 11.1
    University or other Tertiary Institutions 37 7.6
    Others 11 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3587 95.4
    Semi-detached, row or terrace house, townhouse 89 2.4
    Flat, unit or apartment 85 2.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1067 57.8
    Being purchased 402 21.8
    Rented 356 19.3
    Other tenure type 20 1.1
    Tenure Type
Census 2011, ABS
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