Suburb Profile Report for Marleston SA (5033)

Marleston House: Median price $543,000, Annual capital growth 3.07%, Number of sales 21, Weekly median advertised rent $408

Marleston Unit: Median price $315,000, Annual capital growth 3.10%, Number of sales 26, Weekly median advertised rent $300

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

Marleston, 5033 ranked 189th in SA when comparing growth in median property values or capital gain over the last 12 months. Marleston is one of 853 in our list for SA

The five-year average increase in median property values for Marleston,5033 has given property investors a potential capital gain of 23.41% across each of those five years.

At number 331th of SA’s most discounted properties, Marleston is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Marleston the average time real estate has been on the market is 60.82 days.

With the median price for a house in Marleston being $543000 and the advertised rent reaching $407.5 the gross rental yield for property investors calculates out to be 3.90%

Property investors who have had real estate in Marleston, 5033 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 -0.63%

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

Property buyers and investors in Marleston 5033 should be seeing an average reduction in asking price of around -5.72% . This means that Marleston is holding prices well when compared to other suburbs in SA.

Marleston is 68th on a list of best yielding suburbs for rents in SA with a 4.95% return

Information supplied by:


August 2018

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Located in the City of West Torrens, the suburb of Marleston is a low-priced suburb aiming to sustain long-term interest among buyersFull summary

Affordability maintains appeal

Postcode: 5033

Median unit price: $321,000

Three-year growth: 12.6%

Rental yield: 4.8%

Located in the City of West Torrens, the suburb of Marleston is a low-priced suburb aiming to sustain long-term interest among buyers.

Marleston records a median value of under $350,000 in the apartment market. This makes it a very good deal for investors considering the Adelaide CBD is roughly 10 minutes away via Anzac Highway. Rental yield are reasonable at an average of 4.8%, from a weekly average rent rate of $295.

Marleston is surrounded by suburbs like Richmond, Keswick, Ashford and Netley, which provide access to many amenities. Adelaide Metro buses facilitate travel to these areas. Richmond is home to the City Mazda Stadium and the Westside Bikeway, as well as a commercial district. Neighbouring Keswick contains a railway station, while Ashford Hospital is near Marleston. The Adelaide Airport is only approximately 3km from Marleston.

Close
Metrics i HOUSE UNIT
$543,000 $315,000
-3.81% -1.87%
3.92% -0.63%
3.07% 3.10%
$408 $300
21 26
3.90% 4.95%
60.82 93.28

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Marleston SA
Demographics
Total population 1668
Median household income ($/weekly) 955
Median age of persons 36
Median housing loan repayment ($/monthly) 1647
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 143 8.6
    25-34 years 354 21.2
    35-44 years 245 14.7
    45-54 years 160 9.6
    55-64 years 143 8.6
    Others 624 37.4
    Age Group
    Census Count Percent(%)
    Not Married 631 51.3
    Registered Married 466 37.9
    Defacto Relationship 134 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1018 63.8
    Croatia 88 5.5
    Indonesia 70 4.4
    United Kingdom 55 3.4
    Other 120 7.5
    Others 244 15.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 62 4.0
    Christianity 885 57.4
    Hinduism 64 4.2
    Islam 39 2.5
    No Religion 454 29.5
    Others 37 2.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 84 12.9
    $600-$799 71 10.9
    $800-$999 73 11.2
    $1,000-$1,249 75 11.5
    $1,500-$1,999 76 11.6
    Others 274 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 504 39.8
    Not in the labour force 434 34.3
    Employed, worked part-time 230 18.2
    Unemployed, looking for work 52 4.1
    Employed, away from work 46 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 161 20.8
    Technicians & trades workers 93 12.0
    Community & personal service workers 106 13.7
    Clerical & administrative workers 123 15.9
    Labourers 90 11.6
    Others 202 26.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 101 28.2
    Secondary 52 14.5
    Technical or Further Educational Institution 52 14.5
    University or other Tertiary Institutions 104 29.1
    Other type of educational institution 29 8.1
    Others 20 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 847 57.2
    Flat, unit or apartment 507 34.2
    Semi-detached, row or terrace house, townhouse 127 8.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 331 47.7
    Fully owned 179 25.8
    Being purchased 178 25.6
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
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