Suburb Profile Report for Balhannah SA (5242)

Balhannah House: Median price $442,500, Annual capital growth 3.43%, Number of sales 29, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Balhannah, 5242 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -5.14%.

Comparing Balhannah,5242 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Balhannah is $442500, with sellers offering an average of -6.02% off the asking price.

Property investors should expect to get $380 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$442,500 N/A
1.61% N/A
-5.14% N/A
3.43% N/A
$380 N/A
29 N/A
4.47% N/A
66.81 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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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
Chart Table
Recent sales & rentals