Suburb Profile Report for Port Vincent SA (5581)

Port Vincent House: Median price $260,000, Annual capital growth 2.00%, Number of sales 18, 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 Port Vincent, 5581 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -8.45%.

Across a shorter period, Port Vincent, 5581 has seen a median price increase of 4.00% over the last quarter.

Our latest figures would indicate that property sellers in Port Vincent are currently offering property investors an average price cut of -6.65% below the asking price at the moment.

At number 3001 in a list of fastest selling suburbs, Port Vincent is in the bottom 30% of suburbs in Australia with an average of days on market 113.6 for properties listed there.

Advertised rents are around the $245 mark per week – giving a return of 4.90% based on the median price in Suburb

HOUSE UNIT
$260,000 N/A
4.00% N/A
-8.45% N/A
2.00% N/A
$245 N/A
18 N/A
4.90% N/A
113.6 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 491
Median household income ($/weekly) 696
Median age of persons 61
Median housing loan repayment ($/monthly) 2000
Average household size 2
  • Census Count Percent(%)
    5-14 years 40 8.2
    45-54 years 44 9.0
    55-64 years 112 22.9
    65-74 years 115 23.5
    75-84 years 72 14.7
    Others 106 21.7
    Age Group
    Census Count Percent(%)
    Registered Married 217 61.6
    Not Married 103 29.3
    Defacto Relationship 32 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 400 87.0
    Greece 3 0.7
    United Kingdom 35 7.6
    United States of America 4 0.9
    Other 6 1.3
    Others 12 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 329 74.3
    No Religion 111 25.1
    Buddhism 3 0.7
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 18 9.7
    $400-$599 46 24.7
    $600-$799 32 17.2
    $800-$999 30 16.1
    $2,000-$2,499 11 5.9
    Others 49 26.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 276 65.2
    Employed, worked full-time 67 15.8
    Employed, worked part-time 59 13.9
    Unemployed, looking for work 11 2.6
    Employed, away from work 10 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 30 22.1
    Professionals 12 8.8
    Technicians & trades workers 27 19.9
    Community & personal service workers 20 14.7
    Labourers 23 16.9
    Others 24 17.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 30 54.5
    Secondary 16 29.1
    Technical or Further Educational Institution 3 5.5
    University or other Tertiary Institutions 3 5.5
    Other type of educational institution 3 5.5
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 355 93.7
    House or flat attached to a shop, office 9 2.4
    Semi-detached, row or terrace house, townhouse 8 2.1
    Flat, unit or apartment 4 1.1
    Caravan, cabin, houseboat 3 0.8
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 124 62.3
    Rented 42 21.1
    Being purchased 33 16.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals