Suburb Profile Report for Adelaide SA (5000)

Adelaide House: Median price $571,000, Annual capital growth 2.76%, Number of sales 86, Weekly median advertised rent $450

Adelaide Unit: Median price $412,500, Annual capital growth 2.09%, Number of sales 386, Weekly median advertised rent $425

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

SA has seen average median house prices change by 1.26% which means that Adelaide, 5000 has done well for property investors by showing a capital gain of -2.56% over the last year

The five-year average increase in median property values for Adelaide,5000 has given property investors a potential capital gain of 13.07% across each of those five years.

Vendor discounting in Adelaide is giving property investors an average Vendor Discount of around -4.09%. This puts suburb at number 385th in SA when ranking the most discounted suburbs.

Advertised rents are around the $450 mark per week – giving a return of 4.10% based on the median price in Suburb

Adelaide is in the bottom 40% in SA when comparing median price capital growth over the last year. Adelaide gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.07%.

While Adelaide,5000 ranked number 103th in SA for increase in median house value (annualised) increase, it is ranked 37th over the last 5 years.

At number 23th of SA’s most discounted properties, Adelaide is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Adelaide have been waiting around 118.08 days to sell a property.

A $425 per week rent on the median house gives suburb investors a gross yield of circa 5.36%, without taking into account capital value appreciation, which has been averaging out at 2.09%.

Information supplied by:


June 2017

M
O

W
E
In Adelaide, the rental population is very high, with around two-thirds of all city residents being renters. Thus, while vacancy rates are high, the average did drop a full 1% over the past 12 months to 4.74%.Full summary

Capital city has a high tenant population
Median unit price: $415,000
Vacancy rate: 4.74%
Three-year growth: -1.19% 

Of all the capital city markets to invest in, Adelaide hasn’t been grabbing as many headlines recently as its counterparts to the east. Sydney has boomed, Melbourne’s CBD market may be busting – for apartments, at least – and Hobart seems to be riding a fresh growth resurgence. So what about Adelaide?

In the city of Adelaide, the rental population is very high, with around two-thirds of all city residents being renters. Thus, while vacancy rates are high, the average did drop a full 1% over the past 12 months to 4.74%.

Investors can get themselves into the market easily enough seeing as apartment prices are trending considerably below $450,000. They can also gain relatively high yields of over 5%.

Close
Metrics i HOUSE UNIT
$571,000 $412,500
-0.78% -4.07%
-2.56% -4.07%
2.76% 2.09%
$450 $425
86 386
4.10% 5.36%
63.37 118.08

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Adelaide SA
Demographics
Total population 12961
Median household income ($/weekly) 949
Median age of persons 29
Median housing loan repayment ($/monthly) 1842
Average household size 1.8
  • Census Count Percent(%)
    20-24 years 3224 24.9
    25-34 years 3347 25.8
    35-44 years 1553 12.0
    45-54 years 1280 9.9
    55-64 years 1177 9.1
    Others 2381 18.4
    Age Group
    Census Count Percent(%)
    Not Married 6192 66.1
    Registered Married 2049 21.9
    Defacto Relationship 1129 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5460 47.2
    Croatia 1514 13.1
    Malta 801 6.9
    United Kingdom 645 5.6
    Other 941 8.1
    Others 2196 19.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 916 8.5
    Christianity 4198 39.1
    Hinduism 208 1.9
    Islam 515 4.8
    No Religion 4773 44.4
    Others 137 1.3
    Religious Affiliation
  • Census Count Percent(%)
    Negative/Nil income 623 12.2
    $300-$399 385 7.6
    $400-$599 392 7.7
    $1,500-$1,999 523 10.3
    $2,500-$2,999 475 9.3
    Others 2692 52.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4627 41.8
    Employed, worked full-time 3592 32.4
    Employed, worked part-time 1842 16.6
    Unemployed, looking for work 724 6.5
    Employed, away from work 295 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 696 12.1
    Professionals 2188 38.2
    Technicians & trades workers 473 8.3
    Community & personal service workers 694 12.1
    Clerical & administrative workers 712 12.4
    Others 966 16.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 181 4.0
    Secondary 232 5.1
    Technical or Further Educational Institution 384 8.5
    University or other Tertiary Institutions 3483 77.3
    Other type of educational institution 183 4.1
    Others 43 1.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 5656 56.1
    Semi-detached, row or terrace house, townhouse 3639 36.1
    Separate house 749 7.4
    House or flat attached to a shop, office 43 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3590 66.8
    Being purchased 902 16.8
    Fully owned 827 15.4
    Other tenure type 52 1.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals