Suburb Profile Report for Coffin Bay SA (5607)

Coffin Bay House: Median price $305,500, Annual capital growth 1.85%, Number of sales 30, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Coffin Bay, 5607 ranked 431th in SA when comparing growth in median property values or capital gain over the last 12 months. Coffin Bay is one of 853 in our list for SA

If we look at median property appreciation over just the last three months, Coffin Bay has given property investors a paper return of -8.53%. This puts Suburb as 408 on a list of fastest fasting appreciating suburbs in SA

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 Coffin Bay, 5607. Typically our figures indicate that -7.06% is being offered, which puts this SA suburb at 1188th most discounted overall in Australia.

On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.

Advertised rents are around the $260 mark per week – giving a return of 4.43% based on the median price in Suburb

HOUSE UNIT
$305,500 N/A
-8.53% N/A
-17.43% N/A
1.85% N/A
$260 N/A
30 N/A
4.43% N/A
121.06 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 613
Median household income ($/weekly) 835
Median age of persons 54
Median housing loan repayment ($/monthly) 1000
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 53 8.6
    35-44 years 71 11.5
    45-54 years 99 16.1
    55-64 years 121 19.7
    65-74 years 119 19.3
    Others 152 24.7
    Age Group
    Census Count Percent(%)
    Registered Married 226 52.2
    Not Married 136 31.4
    Defacto Relationship 71 16.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 521 88.3
    Greece 6 1.0
    Papua New Guinea 11 1.9
    United Kingdom 35 5.9
    Other 7 1.2
    Others 10 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 317 58.8
    No Religion 202 37.5
    Buddhism 17 3.2
    Other Religious Groups 3 0.6
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 22 10.0
    $400-$599 39 17.8
    $600-$799 26 11.9
    $800-$999 31 14.2
    $1,000-$1,249 22 10.0
    Others 79 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 254 48.2
    Employed, worked full-time 143 27.1
    Employed, worked part-time 92 17.5
    Employed, away from work 19 3.6
    Unemployed, looking for work 19 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 52 20.5
    Professionals 35 13.8
    Technicians & trades workers 37 14.6
    Community & personal service workers 27 10.6
    Labourers 43 16.9
    Others 60 23.6
    Occupation
    Census Count Percent(%)
    Pre-school 5 6.1
    Infants/Primary 38 46.3
    Secondary 23 28.0
    Technical or Further Educational Institution 6 7.3
    University or other Tertiary Institutions 6 7.3
    Others 4 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 470 93.1
    Flat, unit or apartment 18 3.6
    Improvised home, tent, sleepers out 9 1.8
    Caravan, cabin, houseboat 8 1.6
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 105 42.3
    Being purchased 87 35.1
    Rented 56 22.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals