Suburb Profile Report for Edwardstown SA (5039)

Edwardstown House: Median price $525,000, Annual capital growth 3.26%, Number of sales 58, Weekly median advertised rent $385

Edwardstown Unit: Median price $300,000, Annual capital growth 3.64%, Number of sales 17, Weekly median advertised rent $280

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

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

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SA has seen average median house prices change by 2.25% which means that Edwardstown, 5039 has done well for property investors by showing a capital gain of 7.73% over the last year

While Edwardstown,5039 ranked number 290th in SA for increase in median house value (annualised) increase, it is ranked 99th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Edwardstown is offering property investors an average of -6.84. This rate of discount on properties puts Suburb at number 100th in terms of most discounted suburbs in SA

A $385 per week rent on the median house gives suburb investors a gross yield of circa 3.83%, without taking into account capital value appreciation, which has been averaging out at 3.26%.

If you compare the increase in value of investment property in Edwardstown, 5039 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 9.26%.

In the last year 17 properties changed hands in Edwardstown, which puts it as the 61th most active market in SA when comparing the number of sales per suburb.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of 3.64%, investors should hope to achieve an overall return of 4.85%

Information supplied by:


May 2017

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Just 6km southwest of Adelaide, the suburb of Edwardstown is climbing in value.

Median house prices here are just shy of $450,000, whereas the median unit value approaches $300,000, an increase of 4.4%. Growth can be attributed to Edwardstown’s location and affordability.

The suburb houses the Castle Plaza Shopping Centre, providing residents with many necessary amenities. There is also a medical centre. 

Edwardstown is surrounded by suburbs like Clovelly Park, which is home to several schools and reserves.

By bus, Adelaide is roughly 20 minutes from Edwardstown. Commuters can also take the train from Edwardstown Railway Station, which serves the Seaford and Tonsley lines.

Metrics i HOUSE UNIT
$525,000 $300,000
-0.85% 21.40%
7.73% 9.26%
3.26% 3.64%
$385 $280
58 17
3.83% 4.94%
55.025 63.166668

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

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3948
Median household income ($/weekly) 840
Median age of persons 37
Median housing loan repayment ($/monthly) 1460
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 366 9.3
    25-34 years 666 16.9
    35-44 years 521 13.2
    45-54 years 546 13.8
    55-64 years 467 11.8
    Others 1381 35.0
    Age Group
    Census Count Percent(%)
    Not Married 1774 55.6
    Registered Married 1113 34.9
    Defacto Relationship 302 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2848 75.1
    Croatia 119 3.1
    Indonesia 89 2.3
    United Kingdom 154 4.1
    Other 184 4.8
    Others 400 10.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 2.6
    Christianity 2144 60.1
    Islam 58 1.6
    Other Religious Groups 63 1.8
    No Religion 1166 32.7
    Others 42 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 225 13.6
    $400-$599 224 13.6
    $600-$799 165 10.0
    $800-$999 154 9.3
    $1,500-$1,999 181 11.0
    Others 703 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1275 39.0
    Employed, worked full-time 1086 33.2
    Employed, worked part-time 651 19.9
    Unemployed, looking for work 138 4.2
    Employed, away from work 120 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 407 21.9
    Technicians & trades workers 262 14.1
    Community & personal service workers 188 10.1
    Clerical & administrative workers 295 15.9
    Labourers 229 12.3
    Others 477 25.7
    Occupation
    Census Count Percent(%)
    Pre-school 49 5.3
    Infants/Primary 236 25.6
    Secondary 208 22.5
    Technical or Further Educational Institution 98 10.6
    University or other Tertiary Institutions 302 32.7
    Others 30 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2630 69.5
    Semi-detached, row or terrace house, townhouse 671 17.7
    Flat, unit or apartment 482 12.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 821 46.5
    Being purchased 509 28.9
    Fully owned 423 24.0
    Other tenure type 11 0.6
    Tenure Type
Census 2011, ABS
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