Suburb Profile Report for Underdale SA (5032)

Underdale House: Median price $756,500, Annual capital growth 4.03%, Number of sales 28, Weekly median advertised rent $460

Underdale Unit: Median price $309,000, Annual capital growth 1.35%, Number of sales 13, Weekly median advertised rent $320

  • 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.

  • House Report
  • Unit Report

Property value increases in Underdale have tracked higher than the SA average of 10.08% over the last 12 months.

Taking the average capital gain, or increase in median house value, Underdale,5032 has racked up an average of 23.01% over the period. This ranks it number 1825th in the whole country for real estate investors looking at median house price increases.

Often selling an investment property can take time, and in Underdale the average time real estate has been on the market is 72 days.

Underdale, 5032’s gross rental yield is 3.16%

SA has seen average median house prices change by 4.52% which means that Underdale, 5032 has done well for property investors by showing a capital gain of 6.55% over the last year

Over the longer term, Underdale has seen property prices show investors a -19.64% return over the last 3 years. This is an improvement over the last 12 months

In the last year 13 properties changed hands in Underdale, which puts it as the 134th most active market in SA when comparing the number of sales per suburb.

The SA suburb of Underdale, 5032 is in the West Torrens (C) local government area.

Metrics i HOUSE UNIT
$756,500 $309,000
10.44% -0.16%
23.01% 6.55%
4.03% 1.35%
$460 $320
28 13
3.16% 5.39%
72 67.5454545454546

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 : Above average (H), Very good (U)
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Demographics
Total population 2252
Median household income ($/weekly) 1073
Median age of persons 35
Median housing loan repayment ($/monthly) 1950
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 216 9.6
    20-24 years 216 9.6
    25-34 years 410 18.2
    35-44 years 326 14.5
    45-54 years 310 13.8
    Others 774 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 826 46.2
    Not Married 816 45.7
    Defacto Relationship 145 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1457 67.5
    Indonesia 112 5.2
    Japan 101 4.7
    United Kingdom 84 3.9
    Other 93 4.3
    Others 310 14.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 73 3.5
    Christianity 1337 63.8
    Hinduism 75 3.6
    Islam 67 3.2
    No Religion 481 23.0
    Others 61 2.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 75 8.9
    $400-$599 99 11.8
    $600-$799 84 10.0
    $1,500-$1,999 100 11.9
    $2,000-$2,499 87 10.3
    Others 396 47.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 684 37.5
    Not in the labour force 620 34.0
    Employed, worked part-time 394 21.6
    Unemployed, looking for work 66 3.6
    Employed, away from work 59 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 145 12.7
    Professionals 240 21.1
    Technicians & trades workers 162 14.2
    Community & personal service workers 120 10.5
    Clerical & administrative workers 197 17.3
    Others 274 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 33 6.1
    Infants/Primary 158 29.0
    Secondary 121 22.2
    Technical or Further Educational Institution 70 12.8
    University or other Tertiary Institutions 142 26.1
    Others 21 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1550 71.6
    Flat, unit or apartment 505 23.3
    Semi-detached, row or terrace house, townhouse 110 5.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 359 39.4
    Being purchased 275 30.2
    Fully owned 265 29.1
    Other tenure type 12 1.3
    Tenure Type
Census 2011, ABS
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