Suburb Profile Report for Springton SA (5235)

Springton House: Median price $225,000, Annual capital growth N/A, Number of sales 19, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report

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

Sellers are offering property buyers an average discount of -7.27% to buyers in Springton at the moment, which is less than average for the rest of SA.

With the median price for a house in Springton being $225000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 6.24%

HOUSE UNIT
$225,000 N/A
-2.15% N/A
N/A N/A
N/A N/A
$270 N/A
19 N/A
6.24% N/A
213.82 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Springton SA
Demographics
Total population 607
Median household income ($/weekly) 956
Median age of persons 40
Median housing loan repayment ($/monthly) 1361
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 92 15.1
    25-34 years 51 8.4
    35-44 years 109 17.9
    45-54 years 108 17.7
    55-64 years 79 13.0
    Others 170 27.9
    Age Group
    Census Count Percent(%)
    Registered Married 206 50.6
    Not Married 148 36.4
    Defacto Relationship 53 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 444 83.0
    Greece 3 0.6
    New Zealand 6 1.1
    United Kingdom 68 12.7
    Other 8 1.5
    Others 6 1.1
    Country of Birth
    Census Count Percent(%)
    Christianity 348 70.4
    No Religion 143 28.9
    Other Religious Groups 3 0.6
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 26 13.3
    $600-$799 26 13.3
    $800-$999 22 11.2
    $1,000-$1,249 22 11.2
    $1,250-$1,499 26 13.3
    Others 74 37.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 166 38.3
    Not in the labour force 137 31.6
    Employed, worked part-time 100 23.1
    Employed, away from work 18 4.2
    Unemployed, looking for work 12 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 56 19.5
    Professionals 28 9.8
    Technicians & trades workers 52 18.1
    Clerical & administrative workers 28 9.8
    Labourers 57 19.9
    Others 66 23.0
    Occupation
    Census Count Percent(%)
    Pre-school 9 7.1
    Infants/Primary 64 50.4
    Secondary 33 26.0
    Technical or Further Educational Institution 11 8.7
    Other type of educational institution 6 4.7
    Others 4 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 523 98.1
    Semi-detached, row or terrace house, townhouse 10 1.9
    Flat, unit or apartment 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 118 53.6
    Fully owned 73 33.2
    Rented 29 13.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals