Suburb Profile Report for Strathalbyn SA (5255)

Strathalbyn House: Median price $349,975, Annual capital growth 3.32%, Number of sales 145, Weekly median advertised rent $310

Strathalbyn Unit: Median price $231,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Strathalbyn has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.09%

While Strathalbyn,5255 ranked number 236th in SA for increase in median house value (annualised) increase, it is ranked 291th over the last 5 years.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.54% offered to property buyers. Sellers in Strathalbyn itself are offering an average vendor discount of -4.80% to real estate investors.

Renters in Suburb are facing rents around $3720 per annum or $310 every week.

Vendor discounting in Strathalbyn is giving property investors an average Vendor Discount of around -4.03%. This puts suburb at number 138th in SA when ranking the most discounted suburbs.

Advertised rents are around the $260 mark per week – giving a return of 5.85% based on the median price in Suburb

Sally Ness Information supplied by:

Sally Ness
Raine & Horne Strathalbyn

M 08 8536 3830
O 0438 364 320

W http://www.raineandhorne.com.au/strathalbyn
E sally.ness@rh.com.au
Strathalbyn, 5255, ranked 175th in SA when comparing growth in median property values or capital gain over the last 12 months. Strathalbyn is one of 836 in our list for SA.Full summary

Selling points: Proximity to Adelaide, Beach and River

Most sought after properties: New 4 bedroom 2 bathroom homes for investment and established homes for retirees

Most common properties: Old Bungalows to new modern designed homes

Local industry and businesses: Towns surrounding Strathalbyn such as Langhorne Creek and McLaren Vale wine region, small businesses and close to travel to other towns such as Mt Barker and the City.

Recent changes: Strathalbyn has experienced rapid growth in a short space of time and there have been many developments created and the town has grown. The council do have a plan to keep Strathalbyn under control yet meet residential and commercial demand.

Close
HOUSE UNIT
$349,975 $231,000
0.01% -0.43%
3.09% N/A
3.32% N/A
$310 $260
145 12
4.61% 5.85%
119.81 91.5

Source: CoreLogic

DSR Score for property investment : Good (U), Balanced (H)
Find a mortgage broker in Strathalbyn SA
Demographics
Total population 5906
Median household income ($/weekly) 976
Median age of persons 42
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 717 12.1
    35-44 years 734 12.4
    45-54 years 802 13.6
    55-64 years 795 13.5
    65-74 years 614 10.4
    Others 2245 38.0
    Age Group
    Census Count Percent(%)
    Registered Married 2297 52.6
    Not Married 1612 36.9
    Defacto Relationship 455 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4985 87.2
    New Zealand 25 0.4
    Papua New Guinea 36 0.6
    United Kingdom 482 8.4
    Other 53 0.9
    Others 137 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 0.6
    Christianity 3353 62.9
    Hinduism 15 0.3
    Other Religious Groups 31 0.6
    No Religion 1890 35.4
    Others 13 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 313 15.2
    $600-$799 255 12.4
    $800-$999 216 10.5
    $1,000-$1,249 207 10.0
    $1,500-$1,999 246 11.9
    Others 824 40.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1877 39.9
    Employed, worked full-time 1582 33.7
    Employed, worked part-time 921 19.6
    Employed, away from work 170 3.6
    Unemployed, looking for work 151 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 321 12.0
    Professionals 399 14.9
    Technicians & trades workers 428 16.0
    Clerical & administrative workers 325 12.1
    Labourers 412 15.4
    Others 793 29.6
    Occupation
    Census Count Percent(%)
    Pre-school 78 6.2
    Infants/Primary 486 38.4
    Secondary 428 33.8
    Technical or Further Educational Institution 110 8.7
    University or other Tertiary Institutions 121 9.6
    Others 42 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5276 95.3
    Semi-detached, row or terrace house, townhouse 116 2.1
    Flat, unit or apartment 104 1.9
    Caravan, cabin, houseboat 8 0.1
    House or flat attached to a shop, office 31 0.6
    Others 4 0.1
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 838 37.3
    Fully owned 827 36.8
    Rented 568 25.3
    Other tenure type 14 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals