Suburb Profile Report for Klemzig SA (5087)

Klemzig House: Median price $525,250, Annual capital growth 2.55%, Number of sales 93, Weekly median advertised rent $370

Klemzig Unit: Median price $250,000, Annual capital growth 1.25%, Number of sales 21, Weekly median advertised rent $280

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

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

  • Expert Report
  • House Report
  • Unit Report

Investment property in Klemzig has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.40%

The five-year average increase in median property values for Klemzig,5087 has given property investors a potential capital gain of 16.46% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Klemzig, 5087. Typically our figures indicate that -5.80% is being offered, which puts this SA suburb at 1960th most discounted overall in Australia.

Often selling an investment property can take time, and in Klemzig the average time real estate has been on the market is 62.6667 days.

Property investors should expect to get $370 weekly from the median priced house in this suburb.

Klemzig, 5087 ranked 48th in SA when comparing growth in median property values or capital gain over the last 12 months. Klemzig is one of 853 in our list for SA

The five-year average increase in median property values for Klemzig,5087 has given property investors a potential capital gain of -3.85% across each of those five years.

At number 2nd of SA’s most discounted properties, Klemzig is in the bottom 10% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Klemzig have been waiting around 73.5 days to sell a property.

Renters in Suburb are facing rents around $14560 per annum or $280 every week.

Information supplied by:


November 2018

M
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W
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Supply slides downwards

Postcode: 5087

Median unit price: $266,000

Stock on market: -18.2%

12-month growth: -7.1%

The Germans who originally settled in this Adelaide suburb gave it its moniker – fitting, given that Klemzig was the first German immigrant hub in the country.

Since then, it has become a hub for young families, primarily because of the presence of several schools in the vicinity, including Klemzig Primary School, Marden Senior College south of the suburb, Vale Park Primary School and Felixstow Community School. The Marden shopping centre is nearby as well.

In the August 2017-2018 period, the supply of property in Klemzig did not move significantly, but both houses and units recorded a drop in the number of properties on the market. In this period, the unit market suffered a 7.1% decrease in values, although the three months to August 2018 indicated some positive recovery, pushing the median price up to $266,000.

Metrics i HOUSE UNIT
$525,250 $250,000
-0.05% 4.66%
1.40% 1.63%
2.55% 1.25%
$370 $280
93 21
3.66% 5.82%
62.666668 73.5

Source: Monthly data update for Jun 2019 as supplied by CoreLogic. Data is reported to the period ending Mar 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 5605
Median household income ($/weekly) 929
Median age of persons 37
Median housing loan repayment ($/monthly) 1625
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 491 8.8
    25-34 years 1107 19.7
    35-44 years 743 13.3
    45-54 years 648 11.6
    55-64 years 505 9.0
    Others 2112 37.7
    Age Group
    Census Count Percent(%)
    Not Married 2127 48.0
    Registered Married 1970 44.4
    Defacto Relationship 335 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3411 63.7
    Croatia 262 4.9
    Indonesia 339 6.3
    Japan 260 4.9
    Other 330 6.2
    Others 754 14.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 121 2.4
    Christianity 3085 60.8
    Hinduism 267 5.3
    Islam 151 3.0
    No Religion 1355 26.7
    Others 95 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 229 10.2
    $400-$599 305 13.6
    $600-$799 234 10.5
    $800-$999 240 10.7
    $1,500-$1,999 244 10.9
    Others 987 44.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1815 40.0
    Employed, worked full-time 1571 34.7
    Employed, worked part-time 817 18.0
    Employed, away from work 167 3.7
    Unemployed, looking for work 163 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 658 25.8
    Technicians & trades workers 339 13.3
    Community & personal service workers 280 11.0
    Clerical & administrative workers 377 14.8
    Labourers 269 10.5
    Others 630 24.7
    Occupation
    Census Count Percent(%)
    Pre-school 59 4.8
    Infants/Primary 344 27.9
    Secondary 225 18.2
    Technical or Further Educational Institution 154 12.5
    University or other Tertiary Institutions 403 32.6
    Others 50 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4063 76.5
    Flat, unit or apartment 761 14.3
    Semi-detached, row or terrace house, townhouse 490 9.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 947 40.1
    Fully owned 759 32.1
    Being purchased 639 27.0
    Other tenure type 19 0.8
    Tenure Type
Census 2011, ABS
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