Suburb Profile Report for Burra SA (5417)

Burra House: Median price $178,000, Annual capital growth 2.00%, Number of sales 25, Weekly median advertised rent $245

  • 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 Burra, 5417 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -4.56%.

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

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Burra, 5417. Typically our figures indicate that -11.72% is being offered, which puts this SA suburb at 196th most discounted overall in Australia.

A $245 per week rent on the median house gives suburb investors a gross yield of circa 7.16%, without taking into account capital value appreciation, which has been averaging out at 2.00%.

HOUSE UNIT
$178,000 N/A
6.91% N/A
-4.56% N/A
2.00% N/A
$245 N/A
25 N/A
7.16% N/A
215.88 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 1396
Median household income ($/weekly) 848
Median age of persons 45
Median housing loan repayment ($/monthly) 676
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 191 13.7
    35-44 years 174 12.5
    45-54 years 207 14.8
    55-64 years 214 15.3
    65-74 years 146 10.5
    Others 464 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 519 52.6
    Not Married 362 36.7
    Defacto Relationship 105 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1224 91.3
    New Zealand 7 0.5
    Papua New Guinea 12 0.9
    United Kingdom 71 5.3
    Other 9 0.7
    Others 17 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 987 75.9
    No Religion 298 22.9
    Buddhism 9 0.7
    Hinduism 3 0.2
    Judaism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 61 12.0
    $400-$599 77 15.1
    $600-$799 68 13.4
    $800-$999 57 11.2
    $1,000-$1,249 59 11.6
    Others 187 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 413 38.5
    Employed, worked full-time 377 35.1
    Employed, worked part-time 220 20.5
    Employed, away from work 40 3.7
    Unemployed, looking for work 24 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 192 30.2
    Professionals 54 8.5
    Technicians & trades workers 89 14.0
    Community & personal service workers 55 8.7
    Labourers 99 15.6
    Others 146 23.0
    Occupation
    Census Count Percent(%)
    Pre-school 22 8.4
    Infants/Primary 139 53.1
    Secondary 69 26.3
    Technical or Further Educational Institution 14 5.3
    University or other Tertiary Institutions 9 3.4
    Others 9 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1188 92.6
    Semi-detached, row or terrace house, townhouse 62 4.8
    House or flat attached to a shop, office 22 1.7
    Caravan, cabin, houseboat 8 0.6
    Flat, unit or apartment 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 238 42.4
    Being purchased 162 28.9
    Rented 155 27.6
    Other tenure type 6 1.1
    Tenure Type
Census 2011, ABS
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