Suburb Profile Report for Strathalbyn SA (5255)

Strathalbyn House: Median price $360,000, Annual capital growth 1.27%, Number of sales 134, Weekly median advertised rent $340

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

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

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  • House Report

Investment property in Strathalbyn 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 -1.37%

Taking the average capital gain, or increase in median house value, Strathalbyn,5255 has racked up an average of -1.37% over the period. This ranks it number 3060th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Strathalbyn is giving property investors an average Vendor Discount of around -5.93%. This puts suburb at number 183th in SA when ranking the most discounted suburbs.

A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.91%, without taking into account capital value appreciation, which has been averaging out at 1.27%.

Information supplied by:




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Strathalbyn, SA – Construction on the up

Postcode: 5255

Median house price: $350,000

Stock on market: 47.8%

12-month growth: -7%

The suburb of Strathalbyn has a lovely old-world charm and village atmosphere that makes it one of the prettiest towns in the state.

A heritage-listed country town, Strathalbyn plays host to a number of wineries, designating it a destination for connoisseurs and foodies from all over. It is also known for horseback riding – the suburb contains a racecourse, polo grounds and riding schools. Moreover, the suburb boasts a fine collection of antiques stores. The Angas River, situated right in the midst of the town, is a great place to take a walk and unwind.

The number of houses in the suburb soared in the year to July 2019, going from 87 to over 120.

Metrics i HOUSE UNIT
$360,000 N/A
1.77% N/A
-1.37% N/A
1.27% N/A
$340 N/A
134 N/A
4.91% N/A
118.086538461538 N/A

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

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 5906
Median household income ($/weekly) 976
Median age of persons 42
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 717 12.1
    35-44 years 734 12.4
    45-54 years 802 13.6
    55-64 years 795 13.5
    65-74 years 614 10.4
    Others 2245 38.0
    Age Group
    Census Count Percent(%)
    Registered Married 2297 52.6
    Not Married 1612 36.9
    Defacto Relationship 455 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4985 87.2
    New Zealand 25 0.4
    Papua New Guinea 36 0.6
    United Kingdom 482 8.4
    Other 53 0.9
    Others 137 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 0.6
    Christianity 3353 62.9
    Hinduism 15 0.3
    Other Religious Groups 31 0.6
    No Religion 1890 35.4
    Others 13 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 313 15.2
    $600-$799 255 12.4
    $800-$999 216 10.5
    $1,000-$1,249 207 10.0
    $1,500-$1,999 246 11.9
    Others 824 40.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1877 39.9
    Employed, worked full-time 1582 33.7
    Employed, worked part-time 921 19.6
    Employed, away from work 170 3.6
    Unemployed, looking for work 151 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 321 12.0
    Professionals 399 14.9
    Technicians & trades workers 428 16.0
    Clerical & administrative workers 325 12.1
    Labourers 412 15.4
    Others 793 29.6
    Occupation
    Census Count Percent(%)
    Pre-school 78 6.2
    Infants/Primary 486 38.4
    Secondary 428 33.8
    Technical or Further Educational Institution 110 8.7
    University or other Tertiary Institutions 121 9.6
    Others 42 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5276 95.3
    Semi-detached, row or terrace house, townhouse 116 2.1
    Flat, unit or apartment 104 1.9
    Caravan, cabin, houseboat 8 0.1
    House or flat attached to a shop, office 31 0.6
    Others 4 0.1
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 838 37.3
    Fully owned 827 36.8
    Rented 568 25.3
    Other tenure type 14 0.6
    Tenure Type
Census 2011, ABS
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