Suburb Profile Report for Linden Park SA (5065)

Linden Park House: Median price $869,444, Annual capital growth 2.97%, Number of sales 38, Weekly median advertised rent $480

Linden Park Unit: Median price $597,500, Annual capital growth 6.87%, Number of sales 21, Weekly median advertised rent $310

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

With a capital gain of 7.82% for the last 12 months, Linden Park, 5065 has performed for property investments than its average annual 2.97% property growth over the last 5 years.

A 35.85% growth in median value for property investors in Linden Park,5065 puts this suburb at number 326th in terms of best performing suburbs in SA

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.24% offered to property buyers. Sellers in Linden Park itself are offering an average vendor discount of -7.81% to real estate investors.

At number 629 in a list of fastest selling suburbs, Linden Park is in the TOP 20% of suburbs in Australia with an average of days on market 47.6 for properties listed there.

Advertised rents are around the $480 mark per week – giving a return of 2.87% based on the median price in Suburb

Linden Park is in the TOP 10% in SA when comparing median price capital growth over the last year. Linden Park gave property investors a very good capital gain figure when compared to the rest of the state, with 21.81%.

Over the longer term, Linden Park has seen property prices show investors a 38.63% return over the last 3 years. This is worse than over the last 12 months

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
$869,444 $597,500
-1.70% 26.86%
7.82% 21.81%
2.97% 6.87%
$480 $310
38 21
2.87% 2.70%
47.6 N/A

Source: CoreLogic

DSR Score for property investment : Above average (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
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