Suburb Profile Report for Linden Park SA (5065)

Linden Park House: Median price $855,888, Annual capital growth 3.32%, Number of sales 27, Weekly median advertised rent $535

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

Over the last year, property investments in Linden Park, 5065 have given investors a capital gain of 10.44%. This compares very favourably with the 1.26% for SA as a whole.

Linden Park,5065 was ranked 765 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Linden Park is offering property investors an average of -7.76. This rate of discount on properties puts Suburb at number 429th in terms of most discounted suburbs in SA

Situated 4.75km from the CBD, Linden Park is one of Burnside (C) localities in the postcode 5065.

Information supplied by:


June 2018

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Following a significant price drop of 13.8% in the 12 months leading up to March 2018, the suburb of Linden Park in Adelaide came back in the last 3 months of that period with a 22.1% boostFull summary

Ups and downs for apartment market

Postcode: 5065

Median unit price: $513,000

Three-year growth: 17.4%

Rental yield: 3.0%

Following a significant price drop of 13.8% in the 12 months leading up to March 2018, the suburb of Linden Park in Adelaide came back in the last 3 months of that period with a 22.1% boost.

This continues the fluctuating growth trend that has been observed in this area for the past five years. Despite some slips, interest continues to come in and boost Linden Park’s stats – this can be observed in the average time on market for units, which is just 44 days.

Linden Park is part of the City of Burnside, and is only about 15 minutes from the Adelaide CBD. This proximity makes the suburb a great option not just for buyers, but for tenants as well.

Close
Metrics i HOUSE UNIT
$855,888 N/A
3.71% N/A
10.44% N/A
3.32% N/A
$535 N/A
27 N/A
3.25% N/A
42.83 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1887
Median household income ($/weekly) 1178
Median age of persons 48
Median housing loan repayment ($/monthly) 1907
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 214 11.3
    45-54 years 230 12.2
    55-64 years 211 11.2
    65-74 years 208 11.0
    75-84 years 227 12.0
    Others 798 42.3
    Age Group
    Census Count Percent(%)
    Registered Married 709 51.8
    Not Married 597 43.6
    Defacto Relationship 62 4.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1186 69.0
    Croatia 79 4.6
    Indonesia 38 2.2
    United Kingdom 95 5.5
    Other 77 4.5
    Others 243 14.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 2.0
    Christianity 1105 65.7
    Hinduism 26 1.5
    Islam 22 1.3
    No Religion 476 28.3
    Others 21 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 69 10.0
    $600-$799 83 12.1
    $800-$999 67 9.8
    $1,250-$1,499 57 8.3
    $1,500-$1,999 87 12.7
    Others 324 47.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 631 44.2
    Employed, worked full-time 426 29.8
    Employed, worked part-time 301 21.1
    Unemployed, looking for work 36 2.5
    Employed, away from work 35 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 93 12.3
    Professionals 316 41.6
    Community & personal service workers 58 7.6
    Clerical & administrative workers 98 12.9
    Sales 76 10.0
    Others 118 15.5
    Occupation
    Census Count Percent(%)
    Pre-school 15 3.3
    Infants/Primary 168 37.2
    Secondary 107 23.7
    Technical or Further Educational Institution 20 4.4
    University or other Tertiary Institutions 133 29.4
    Others 9 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1186 70.9
    Semi-detached, row or terrace house, townhouse 288 17.2
    Flat, unit or apartment 194 11.6
    House or flat attached to a shop, office 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 391 53.9
    Being purchased 176 24.3
    Rented 148 20.4
    Other tenure type 10 1.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals