Suburb Profile Report for Seacombe Gardens SA (5047)

Seacombe Gardens House: Median price $455,000, Annual capital growth 1.92%, Number of sales 84, Weekly median advertised rent $420

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

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report

Property value increases in Seacombe Gardens have tracked just lower than the SA average of 1.92% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Seacombe Gardens comes in at number 226th in SA.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.67% offered to property buyers. Sellers in Seacombe Gardens itself are offering an average vendor discount of -5.50% to real estate investors.

Advertised rents are around the $420 mark per week – giving a return of 4.80% based on the median price in Suburb

Information supplied by:




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Seacombe Gardens, SA – Supply goes up south of Adelaide

Postcode: 5047

Median house price: $460,000

Stock on market: 84.6%

12-month growth: 0.2%

About half an hour’s drive south of Adelaide is the suburb of Seacombe Gardens, whose residents favour its peaceful environment, friendly vibe and convenience. There are several public transport spots throughout the suburb, making it easy to get to the CBD; the Oaklands Park and Brighton train stations are nearby as well.

Seaview High School is located in neighbouring Seacombe Heights. Local residents can take leisurely walks to appreciate the natural sights in O’Halloran Hill Conservation Park, which is only around 10 minutes away from the suburb. Roughly 20 minutes away are O’Sullivan Beach and Christies Beach, which offers many amenities in addition to seaside beauty.

Metrics i HOUSE UNIT
$455,000 N/A
-0.68% N/A
-1.09% N/A
1.92% N/A
$420 N/A
84 N/A
4.80% N/A
79.5846153846154 N/A

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2551
Median household income ($/weekly) 826
Median age of persons 39
Median housing loan repayment ($/monthly) 1807
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 236 9.3
    25-34 years 412 16.2
    35-44 years 307 12.0
    45-54 years 313 12.3
    55-64 years 311 12.2
    Others 972 38.1
    Age Group
    Census Count Percent(%)
    Not Married 1029 51.8
    Registered Married 777 39.1
    Defacto Relationship 179 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1708 70.7
    Croatia 61 2.5
    Philippines 30 1.2
    United Kingdom 217 9.0
    Other 152 6.3
    Others 248 10.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 38 1.7
    Christianity 1398 62.1
    Hinduism 33 1.5
    Islam 103 4.6
    No Religion 649 28.8
    Others 29 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 119 12.0
    $400-$599 165 16.6
    $600-$799 109 11.0
    $1,250-$1,499 87 8.8
    $1,500-$1,999 106 10.7
    Others 407 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 881 43.4
    Employed, worked full-time 617 30.4
    Employed, worked part-time 394 19.4
    Unemployed, looking for work 75 3.7
    Employed, away from work 62 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 216 20.0
    Technicians & trades workers 140 13.0
    Community & personal service workers 132 12.2
    Clerical & administrative workers 166 15.4
    Labourers 138 12.8
    Others 287 26.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 170 29.8
    Secondary 111 19.5
    Technical or Further Educational Institution 59 10.4
    University or other Tertiary Institutions 172 30.2
    Other type of educational institution 30 5.3
    Others 28 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1566 64.5
    Semi-detached, row or terrace house, townhouse 684 28.2
    Flat, unit or apartment 177 7.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 472 44.1
    Fully owned 296 27.6
    Being purchased 293 27.4
    Other tenure type 10 0.9
    Tenure Type
Census 2011, ABS
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