Suburb Profile Report for Ottoway SA (5013)

Ottoway House: Median price $384,400, Annual capital growth 2.50%, Number of sales 32, Weekly median advertised rent $400

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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Ottoway has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of 4.46% to date .

If we look at median property appreciation over just the last three months, Ottoway has given property investors a paper return of 1.85%. This puts Suburb as 304 on a list of fastest fasting appreciating suburbs in SA

With the median price for a house in Ottoway being $384400 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 5.41%

Information supplied by:


July 2017

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It’s a tight squeeze inside this industrial suburb 
Median house price: $345,000
Vacancy rate: 0.52%
Three-year growth: 18.97% 

Despite Adelaide’s ongoing problems with the brain drain and a potential oversupply, the suburb of Ottoway is recording remarkably low vacancy rates, with the average as of April 2017 being a mere 0.52%.

The industrial suburb is only 12km from the Adelaide CBD and about 2km from Port Adelaide, which could account for its strong performance given the proximity to both the water and the city. This also means that residents have quick and easy access to the amenities offered by both major areas, including shops and markets, dining, art and entertainment. There are also schools of all levels located in Adelaide, as well as employment opportunities.

With the median house price hovering below $350,000, Ottoway can definitely be seen as an affordable alternative to its more prominent neighbours.

Metrics i HOUSE UNIT
$384,400 N/A
1.85% N/A
4.46% N/A
2.50% N/A
$400 N/A
32 N/A
5.41% N/A
45.2777777777778 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 2419
Median household income ($/weekly) 785
Median age of persons 38
Median housing loan repayment ($/monthly) 1383
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 290 12.0
    25-34 years 365 15.1
    35-44 years 336 13.9
    45-54 years 365 15.1
    55-64 years 271 11.2
    Others 791 32.7
    Age Group
    Census Count Percent(%)
    Not Married 977 52.6
    Registered Married 699 37.6
    Defacto Relationship 181 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1386 60.3
    Japan 60 2.6
    Philippines 92 4.0
    Viet Nam 296 12.9
    Other 122 5.3
    Others 344 15.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 316 14.2
    Christianity 1290 57.9
    Hinduism 19 0.9
    Islam 101 4.5
    No Religion 492 22.1
    Others 9 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 105 12.2
    $400-$599 111 12.8
    $600-$799 137 15.9
    $1,000-$1,249 88 10.2
    $1,500-$1,999 91 10.5
    Others 332 38.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 826 43.4
    Employed, worked full-time 607 31.9
    Employed, worked part-time 309 16.2
    Unemployed, looking for work 99 5.2
    Employed, away from work 61 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 105 10.7
    Technicians & trades workers 172 17.6
    Clerical & administrative workers 136 13.9
    Machinery operators & drivers 116 11.8
    Labourers 193 19.7
    Others 258 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 39 7.4
    Infants/Primary 192 36.3
    Secondary 123 23.3
    Technical or Further Educational Institution 75 14.2
    University or other Tertiary Institutions 89 16.8
    Others 11 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1911 81.1
    Semi-detached, row or terrace house, townhouse 256 10.9
    Flat, unit or apartment 189 8.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 344 38.0
    Being purchased 300 33.1
    Fully owned 258 28.5
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
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