Suburb Profile Report for Lockleys SA (5032)

Lockleys House: Median price $657,500, Annual capital growth 2.72%, Number of sales 86, Weekly median advertised rent $420

Lockleys Unit: Median price $391,250, Annual capital growth 5.33%, Number of sales 17, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Lockleys, 5032 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.87%

Taking the average capital gain, or increase in median house value, Lockleys,5032 has racked up an average of -1.87% over the period. This ranks it number 2824th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Lockleys should be aiming for at least -4.50% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 2.72%, investors should hope to achieve an overall return of 3.32%

Lockleys has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 26.82% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lockleys has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Lockleys are currently offering property investors an average price cut of -4.88% below the asking price at the moment.

The SA suburb of Lockleys, 5032 is in the West Torrens local government area.

Metrics i HOUSE UNIT
$657,500 $391,250
-3.24% 1.62%
-1.87% 26.82%
2.72% 5.33%
$420 $293
86 17
3.32% 3.89%
67.45 57.1

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 5449
Median household income ($/weekly) 1160
Median age of persons 42
Median housing loan repayment ($/monthly) 1767
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 617 11.3
    25-34 years 621 11.4
    35-44 years 746 13.7
    45-54 years 761 14.0
    55-64 years 588 10.8
    Others 2116 38.8
    Age Group
    Census Count Percent(%)
    Registered Married 2239 53.4
    Not Married 1705 40.6
    Defacto Relationship 252 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4096 77.6
    Hong Kong 100 1.9
    Japan 204 3.9
    United Kingdom 249 4.7
    Other 157 3.0
    Others 472 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 1.6
    Christianity 3893 76.4
    Islam 33 0.6
    Other Religious Groups 49 1.0
    No Religion 1014 19.9
    Others 29 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 220 11.3
    $600-$799 193 9.9
    $800-$999 194 9.9
    $1,500-$1,999 225 11.5
    $2,000-$2,499 188 9.6
    Others 934 47.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1631 37.3
    Employed, worked full-time 1545 35.4
    Employed, worked part-time 928 21.2
    Employed, away from work 164 3.8
    Unemployed, looking for work 100 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 347 13.2
    Professionals 629 23.9
    Technicians & trades workers 316 12.0
    Clerical & administrative workers 497 18.9
    Sales 286 10.9
    Others 555 21.1
    Occupation
    Census Count Percent(%)
    Pre-school 75 5.9
    Infants/Primary 463 36.7
    Secondary 311 24.7
    Technical or Further Educational Institution 95 7.5
    University or other Tertiary Institutions 279 22.1
    Others 38 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4510 86.7
    Flat, unit or apartment 387 7.4
    Semi-detached, row or terrace house, townhouse 304 5.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 913 43.6
    Being purchased 652 31.1
    Rented 481 23.0
    Other tenure type 49 2.3
    Tenure Type
Census 2011, ABS
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