Suburb Profile Report for Balhannah SA (5242)

Balhannah House: Median price $442,500, Annual capital growth 3.27%, Number of sales 31, Weekly median advertised rent $375

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

Source: CoreLogic

  • House Report

Balhannah is in the bottom 20% in SA when comparing median price capital growth over the last year. Balhannah gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.80%.

The five-year average increase in median property values for Balhannah,5242 has given property investors a potential capital gain of 8.32% across each of those five years.

Balhannah5242 is located in SA which offers an average discount of -6.56% to property investors. Balhannah itself is showing figures that indicate -6.02% is the average achievable by property buyers investing in the suburb.

Balhannah is 182th on a list of best yielding suburbs for rents in SA with a 4.41% return

Metrics i HOUSE UNIT
$442,500 N/A
3.45% N/A
-3.80% N/A
3.27% N/A
$375 N/A
31 N/A
4.41% N/A
62.92 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 1075
Median household income ($/weekly) 1300
Median age of persons 42
Median housing loan repayment ($/monthly) 1517
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 147 13.7
    25-34 years 114 10.6
    35-44 years 169 15.7
    45-54 years 145 13.5
    55-64 years 145 13.5
    Others 355 33.0
    Age Group
    Census Count Percent(%)
    Registered Married 453 57.3
    Not Married 248 31.4
    Defacto Relationship 89 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 895 85.5
    Greece 11 1.1
    New Zealand 12 1.1
    United Kingdom 89 8.5
    Other 13 1.2
    Others 27 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 659 65.8
    No Religion 339 33.9
    Buddhism 3 0.3
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 43 11.5
    $1,000-$1,249 34 9.1
    $1,250-$1,499 36 9.7
    $1,500-$1,999 48 12.9
    $2,000-$2,499 47 12.6
    Others 165 44.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 292 35.2
    Not in the labour force 268 32.3
    Employed, worked part-time 201 24.2
    Employed, away from work 41 4.9
    Unemployed, looking for work 28 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 94 17.6
    Professionals 115 21.5
    Technicians & trades workers 77 14.4
    Community & personal service workers 63 11.8
    Clerical & administrative workers 76 14.2
    Others 109 20.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 112 43.2
    Secondary 67 25.9
    University or other Tertiary Institutions 47 18.1
    Pre-school 17 6.6
    Technical or Further Educational Institution 16 6.2
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 994 97.4
    Semi-detached, row or terrace house, townhouse 23 2.3
    Flat, unit or apartment 4 0.4
    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 177 44.5
    Fully owned 139 34.9
    Rented 79 19.8
    Other tenure type 3 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals