Suburb Profile Report for Quorn SA (5433)

Quorn House: Median price $147,500, Annual capital growth 3.75%, Number of sales 20, Weekly median advertised rent $230

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Quorn, 5433 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 49.75%

Taking the average capital gain, or increase in median house value, Quorn,5433 has racked up an average of 49.75% over the period. This ranks it number 3432th in the whole country for real estate investors looking at median house price increases.

A $230 per week rent on the median house gives suburb investors a gross yield of circa 8.11%, without taking into account capital value appreciation, which has been averaging out at 3.75%.

HOUSE UNIT
$147,500 N/A
9.26% N/A
49.75% N/A
3.75% N/A
$230 N/A
20 N/A
8.11% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 1206
Median household income ($/weekly) 881
Median age of persons 44
Median housing loan repayment ($/monthly) 1000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 180 14.9
    35-44 years 151 12.5
    45-54 years 171 14.2
    55-64 years 191 15.8
    65-74 years 138 11.4
    Others 375 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 420 49.9
    Not Married 320 38.0
    Defacto Relationship 102 12.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1071 93.7
    China 3 0.3
    Greece 8 0.7
    United Kingdom 39 3.4
    Other 7 0.6
    Others 15 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 706 65.7
    No Religion 351 32.7
    Buddhism 8 0.7
    Islam 7 0.7
    Other Religious Groups 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 45 11.0
    $400-$599 62 15.1
    $600-$799 52 12.7
    $1,000-$1,249 45 11.0
    $1,500-$1,999 45 11.0
    Others 161 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 378 41.6
    Employed, worked full-time 308 33.9
    Employed, worked part-time 143 15.7
    Employed, away from work 49 5.4
    Unemployed, looking for work 31 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 63 12.6
    Professionals 79 15.8
    Technicians & trades workers 95 19.0
    Community & personal service workers 70 14.0
    Labourers 59 11.8
    Others 133 26.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 126 49.4
    Secondary 77 30.2
    Technical or Further Educational Institution 24 9.4
    Pre-school 19 7.5
    University or other Tertiary Institutions 9 3.5
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1047 95.5
    Flat, unit or apartment 26 2.4
    Semi-detached, row or terrace house, townhouse 16 1.5
    Caravan, cabin, houseboat 7 0.6
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 192 41.0
    Fully owned 182 38.9
    Rented 94 20.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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