Suburb Profile Report for Park Holme SA (5043)

Park Holme House: Median price $520,000, Annual capital growth 3.70%, Number of sales 65, Weekly median advertised rent $420

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

Park Holme has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 5.05% to date .

The five-year average increase in median property values for Park Holme,5043 has given property investors a potential capital gain of 29.51% across each of those five years.

Property buyers and investors in Park Holme 5043 should be seeing an average reduction in asking price of around -6.38% . This means that Park Holme is holding prices well when compared to other suburbs in SA.

At number 1795 in a list of fastest selling suburbs, Park Holme is just in the top half of suburbs in Australia with an average of days on market 64.73 for properties listed there.

Renters in Suburb are facing rents around $21840 per annum or $420 every week.

Information supplied by:


July 2018

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Just 8km from the Adelaide CBD, the suburb of Park Holme has buyers looking to grab a slice of the unit market pieFull summary

Apartments see a boost

Postcode: 5043

Median unit price: $403,000

Three-year growth: 16.9%

Rental yield: 4.5%

Just 8km from the Adelaide CBD, the suburb of Park Holme has buyers looking to grab a slice of the unit market pie.

Such properties are typically staying on the market for only 44 days, with vendors able to negotiate for discounts of 4.3%. Investors can gain 4.5% rental returns on average, and the current median price comes in at a little over $400,000 following a 6.3% increase in apartment prices in the 12 months to April 2018.

While it is a small suburb, Park Holme is effectively served by the M44 and 248 bus routes. The Ascot Park train station is located in the southern end. Ascot Park Primary School is also situated in Park Holme. The suburb is also highly accessible as it is surrounded by Hendrie Street, Oaklands Road, Tarranna Avenue and Marion Road, through which the Adelaide CBD can be reached.

Close
Metrics i HOUSE UNIT
$520,000 N/A
1.96% N/A
5.05% N/A
3.70% N/A
$420 N/A
65 N/A
4.20% N/A
64.73 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2732
Median household income ($/weekly) 861
Median age of persons 40
Median housing loan repayment ($/monthly) 1800
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 432 15.8
    35-44 years 343 12.6
    45-54 years 317 11.6
    55-64 years 334 12.2
    65-74 years 239 8.7
    Others 1067 39.1
    Age Group
    Census Count Percent(%)
    Not Married 1132 53.0
    Registered Married 796 37.3
    Defacto Relationship 206 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1849 72.5
    Croatia 89 3.5
    Philippines 48 1.9
    United Kingdom 142 5.6
    Other 130 5.1
    Others 294 11.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 77 3.2
    Christianity 1446 59.4
    Islam 74 3.0
    Other Religious Groups 35 1.4
    No Religion 771 31.7
    Others 32 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 127 11.6
    $400-$599 153 14.0
    $600-$799 137 12.6
    $1,000-$1,249 116 10.6
    $1,500-$1,999 124 11.4
    Others 434 39.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 942 42.5
    Employed, worked full-time 755 34.1
    Employed, worked part-time 363 16.4
    Unemployed, looking for work 86 3.9
    Employed, away from work 71 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 274 23.0
    Technicians & trades workers 163 13.7
    Community & personal service workers 130 10.9
    Clerical & administrative workers 200 16.8
    Sales 125 10.5
    Others 298 25.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 184 32.7
    Secondary 111 19.7
    Technical or Further Educational Institution 60 10.7
    University or other Tertiary Institutions 153 27.2
    Other type of educational institution 29 5.2
    Others 26 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1721 67.9
    Semi-detached, row or terrace house, townhouse 610 24.1
    Flat, unit or apartment 202 8.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 485 42.0
    Being purchased 338 29.3
    Fully owned 321 27.8
    Other tenure type 11 1.0
    Tenure Type
Census 2011, ABS
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