Suburb Profile Report for Saddleworth SA (5413)

Saddleworth House: Median price $168,100, Annual capital growth 4.96%, Number of sales 14, Weekly median advertised rent $224

  • 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 Saddleworth, 5413 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 26.87%.

Over the longer term, Saddleworth has seen property prices show investors a -8.52% return over the last 3 years. This is an improvement over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Saddleworth is offering property investors an average of -6.56. This rate of discount on properties puts Suburb at number 28th in terms of most discounted suburbs in SA

Often selling an investment property can take time, and in Saddleworth the average time real estate has been on the market is 98.6 days.

A $224 per week rent on the median house gives suburb investors a gross yield of circa 6.93%, without taking into account capital value appreciation, which has been averaging out at 4.96%.

HOUSE UNIT
$168,100 N/A
18.80% N/A
26.87% N/A
4.96% N/A
$224 N/A
14 N/A
6.93% N/A
98.6 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 393
Median household income ($/weekly) 592
Median age of persons 50
Median housing loan repayment ($/monthly) 867
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 50 12.8
    45-54 years 61 15.6
    55-64 years 57 14.6
    65-74 years 56 14.3
    75-84 years 42 10.7
    Others 125 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 142 50.7
    Not Married 105 37.5
    Defacto Relationship 33 11.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 324 87.3
    Indonesia 3 0.8
    New Zealand 3 0.8
    United Kingdom 26 7.0
    Other 6 1.6
    Others 9 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 243 70.6
    No Religion 98 28.5
    Hinduism 3 0.9
    Buddhism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 24 16.1
    $400-$599 31 20.8
    $600-$799 17 11.4
    $800-$999 11 7.4
    $1,500-$1,999 19 12.8
    Others 47 31.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 161 53.0
    Employed, worked full-time 79 26.0
    Employed, worked part-time 49 16.1
    Employed, away from work 9 3.0
    Unemployed, looking for work 6 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 22 15.8
    Professionals 16 11.5
    Technicians & trades workers 22 15.8
    Community & personal service workers 16 11.5
    Labourers 26 18.7
    Others 37 26.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 31 42.5
    Secondary 17 23.3
    Technical or Further Educational Institution 15 20.5
    Pre-school 7 9.6
    University or other Tertiary Institutions 3 4.1
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 327 93.2
    Flat, unit or apartment 16 4.6
    Semi-detached, row or terrace house, townhouse 8 2.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 66 40.5
    Being purchased 59 36.2
    Rented 38 23.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals