Suburb Profile Report for Victor Harbor SA (5211)

Victor Harbor House: Median price $335,125, Annual capital growth 2.70%, Number of sales 120, Weekly median advertised rent $308

Victor Harbor Unit: Median price $248,500, Annual capital growth 2.99%, Number of sales 27, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2896th in the list of Australian suburbs ordered by increase in median house value over the last year, Victor Harbor, 5211 is in the BOTTOM 40% with a property value increase of 1.55% recorded in median house prices.

A 5.30% growth in median value for property investors in Victor Harbor,5211 puts this suburb at number 248th in terms of best performing suburbs in SA

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 Victor Harbor, 5211. Typically our figures indicate that -6.17% is being offered, which puts this SA suburb at 1436th most discounted overall in Australia.

On average over the past year, suburb has had 10.00 sales per month, which equates to 120 per year.

Situated 68.45km from the CBD, Victor Harbor is one of Victor Harbor localities in the postcode 5211.

Giving property investors a a stable capital gain of 7.34% for the last year, Victor Harbor, 5211 is the 651th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Victor Harbor has fallen somewhat when compared to the 5 year average annual rate.

Victor Harbor5211 is located in SA which offers an average discount of -6.23% to property investors. Victor Harbor itself is showing figures that indicate -5.73% is the average achievable by property buyers investing in the suburb.

In the last year 27 properties changed hands in Victor Harbor, which puts it as the 80th most active market in SA when comparing the number of sales per suburb.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 6.70%, without taking into account capital value appreciation, which has been averaging out at 2.99%.

Metrics i HOUSE UNIT
$335,125 $248,500
0.04% 4.19%
1.55% 7.34%
2.70% 2.99%
$308 $320
120 27
4.77% 6.70%
107.89 127.56

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Victor Harbor SA
Demographics
Total population 4122
Median household income ($/weekly) 691
Median age of persons 55
Median housing loan repayment ($/monthly) 1200
Average household size 2
  • Census Count Percent(%)
    35-44 years 350 8.5
    45-54 years 514 12.5
    55-64 years 649 15.7
    65-74 years 593 14.4
    75-84 years 599 14.5
    Others 1417 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 1615 51.9
    Not Married 1271 40.8
    Defacto Relationship 226 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3169 81.4
    Greece 33 0.8
    Papua New Guinea 28 0.7
    United Kingdom 496 12.7
    Other 61 1.6
    Others 104 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.8
    Christianity 2458 67.5
    Islam 3 0.1
    Other Religious Groups 14 0.4
    No Religion 1134 31.2
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 253 15.1
    $400-$599 314 18.7
    $600-$799 250 14.9
    $800-$999 188 11.2
    $1,000-$1,249 151 9.0
    Others 521 31.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1966 57.5
    Employed, worked full-time 670 19.6
    Employed, worked part-time 558 16.3
    Unemployed, looking for work 120 3.5
    Employed, away from work 108 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 171 12.8
    Professionals 180 13.5
    Technicians & trades workers 217 16.2
    Community & personal service workers 190 14.2
    Labourers 178 13.3
    Others 402 30.0
    Occupation
    Census Count Percent(%)
    Pre-school 32 5.5
    Infants/Primary 234 39.9
    Secondary 173 29.5
    Technical or Further Educational Institution 76 13.0
    University or other Tertiary Institutions 45 7.7
    Others 26 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2971 81.1
    Semi-detached, row or terrace house, townhouse 477 13.0
    Flat, unit or apartment 176 4.8
    Caravan, cabin, houseboat 32 0.9
    House or flat attached to a shop, office 8 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 780 43.6
    Rented 504 28.1
    Being purchased 375 20.9
    Other tenure type 132 7.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals