Suburb Profile Report for Port Pirie West SA (5540)

Port Pirie West House: Median price $109,000, Annual capital growth 1.75%, Number of sales 35, Weekly median advertised rent $210

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

Source: CoreLogic

  • House Report

At number 508th in the list of Australian suburbs ordered by increase in median house value over the last year, Port Pirie West, 5540 is in the top 20% with a property value increase of 14.74% recorded in median house prices.

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

Vendor discounting in Port Pirie West is giving property investors an average Vendor Discount of around -13.50%. This puts suburb at number 9th in SA when ranking the most discounted suburbs.

Using the current median advertised rental of $210 and the average annual increase in value of a median property of 1.75%, investors should hope to achieve an overall return of 10.02%

HOUSE UNIT
$109,000 N/A
N/A N/A
14.74% N/A
1.75% N/A
$210 N/A
35 N/A
10.02% N/A
115.05 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2774
Median household income ($/weekly) 607
Median age of persons 40
Median housing loan repayment ($/monthly) 771
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 390 14.1
    25-34 years 305 11.0
    35-44 years 325 11.7
    45-54 years 363 13.1
    55-64 years 368 13.3
    Others 1024 36.9
    Age Group
    Census Count Percent(%)
    Not Married 1058 51.8
    Registered Married 705 34.5
    Defacto Relationship 278 13.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2408 91.4
    Papua New Guinea 15 0.6
    Philippines 24 0.9
    United Kingdom 101 3.8
    Other 20 0.8
    Others 68 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1474 59.0
    No Religion 1003 40.1
    Buddhism 9 0.4
    Hinduism 7 0.3
    Other Religious Groups 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 97 8.7
    $300-$399 204 18.3
    $400-$599 212 19.1
    $600-$799 158 14.2
    $800-$999 108 9.7
    Others 333 29.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1156 54.6
    Employed, worked full-time 419 19.8
    Employed, worked part-time 342 16.2
    Unemployed, looking for work 130 6.1
    Employed, away from work 69 3.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 128 15.4
    Community & personal service workers 115 13.8
    Sales 96 11.6
    Machinery operators & drivers 115 13.8
    Labourers 149 17.9
    Others 228 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 46 8.4
    Infants/Primary 265 48.4
    Secondary 162 29.6
    Technical or Further Educational Institution 54 9.9
    Other type of educational institution 12 2.2
    Others 9 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2394 90.5
    Semi-detached, row or terrace house, townhouse 160 6.1
    Flat, unit or apartment 90 3.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 498 42.3
    Being purchased 357 30.3
    Fully owned 319 27.1
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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