Suburb Profile Report for Adelaide SA (5000)

Adelaide House: Median price $610,000, Annual capital growth 3.00%, Number of sales 67, Weekly median advertised rent $450

Adelaide Unit: Median price $438,000, Annual capital growth 1.15%, Number of sales 469, Weekly median advertised rent $450

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

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Property value increases in Adelaide have tracked higher than the SA average of 1.92% over the last 12 months.

If we look at median property appreciation over just the last three months, Adelaide has given property investors a paper return of 0.83%. This puts Suburb as 187 on a list of fastest fasting appreciating suburbs in SA

LACK OF BUYER INTEREST may well be the reason that Adelaide is offering property investors an average of -6.67. This rate of discount on properties puts Suburb at number 76th in terms of most discounted suburbs in SA

A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.84%, without taking into account capital value appreciation, which has been averaging out at 3.00%.

If you compare the increase in value of investment property in Adelaide, 5000 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 6.83%.

A 12.31% growth in median value for property investors in Adelaide,5000 puts this suburb at number 32th in terms of best performing suburbs in SA

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 Adelaide, 5000. Typically our figures indicate that -6.34% is being offered, which puts this SA suburb at 502th most discounted overall in Australia.

Adelaide is 29th on a list of best yielding suburbs for rents in SA with a 5.34% return

Information supplied by:


June 2017

M
O

W
E

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%.

Metrics i HOUSE UNIT
$610,000 $438,000
0.83% 1.39%
10.91% 6.83%
3.00% 1.15%
$450 $450
67 469
3.84% 5.34%
94.4166666666667 103.225490196078

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (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