Suburb Profile Report for Peterhead SA (5016)

Peterhead House: Median price $347,500, Annual capital growth 1.87%, Number of sales 26, Weekly median advertised rent $383

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report

If you compare the increase in value of investment property in Peterhead, 5016 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 2.21%.

If we look at median property appreciation over just the last three months, Peterhead has given property investors a paper return of 0.72%. This puts Suburb as 177 on a list of fastest fasting appreciating suburbs in SA

Vendor discounting in Peterhead is giving property investors an average Vendor Discount of around -10.54%. This puts suburb at number 17th in SA when ranking the most discounted suburbs.

In the last year 26 properties changed hands in Peterhead, which puts it as the 296th most active market in SA when comparing the number of sales per suburb.

With the median price for a house in Peterhead being $347500 and the advertised rent reaching $382.5 the gross rental yield for property investors calculates out to be 5.72%

Information supplied by:


October 2018

M
O

W
E

Slow but steady growth

Postcode: 5016

Median house price: $392,750

Three-year growth: 10.6%

Rental yield: 5.2%

15km from the Adelaide CBD, the suburb of Peterhead offers reasonably priced housing near the conveniences of the city. The median value for houses comes in at just under $400,000 following a price hike of 3.4% in the 12 months to July 2018, continuing an existing trend of consistent and gentle growth.

Peterhead is situated on the LeFevre Peninsula, adjacent to the suburbs of Largs Bay and Birkenhead. The Port River runs along the southern end of Peterhead, while the Outer Harbor railway line borders the suburb in the east and west. There is a museum on Fletcher Road, and a convenience store on Victoria Road.

While the suburb itself is not particularly rich in amenities, it has excellent neighbours providing access to schools, such as LeFevre Primary School in Birkenhead and LeFevre High School in Semaphore South.

Metrics i HOUSE UNIT
$347,500 N/A
0.72% N/A
2.21% N/A
1.87% N/A
$383 N/A
26 N/A
5.72% N/A
50.2777777777778 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 1144
Median household income ($/weekly) 945
Median age of persons 40
Median housing loan repayment ($/monthly) 1500
Average household size 2
  • Census Count Percent(%)
    5-14 years 93 8.1
    25-34 years 199 17.4
    35-44 years 151 13.2
    45-54 years 200 17.5
    55-64 years 144 12.6
    Others 356 31.1
    Age Group
    Census Count Percent(%)
    Not Married 445 49.6
    Registered Married 337 37.5
    Defacto Relationship 116 12.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 925 84.9
    Japan 9 0.8
    Papua New Guinea 9 0.8
    United Kingdom 73 6.7
    Other 21 1.9
    Others 52 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 1.5
    Christianity 602 59.8
    Islam 11 1.1
    Other Religious Groups 7 0.7
    No Religion 369 36.6
    Others 3 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 54 10.9
    $400-$599 51 10.3
    $600-$799 62 12.5
    $1,000-$1,249 61 12.3
    $1,500-$1,999 62 12.5
    Others 206 41.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 374 40.3
    Not in the labour force 312 33.7
    Employed, worked part-time 165 17.8
    Employed, away from work 42 4.5
    Unemployed, looking for work 34 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 81 14.0
    Technicians & trades workers 95 16.5
    Community & personal service workers 72 12.5
    Clerical & administrative workers 92 15.9
    Labourers 68 11.8
    Others 169 29.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 76 42.9
    Secondary 38 21.5
    Technical or Further Educational Institution 25 14.1
    University or other Tertiary Institutions 16 9.0
    Other type of educational institution 12 6.8
    Others 10 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 886 81.8
    Flat, unit or apartment 131 12.1
    Semi-detached, row or terrace house, townhouse 66 6.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 208 40.3
    Rented 179 34.7
    Fully owned 126 24.4
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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