Suburb Profile Report for Seacliff SA (5049)

Seacliff House: Median price $745,545, Annual capital growth 5.05%, Number of sales 43, Weekly median advertised rent $440

Seacliff Unit: Median price $499,000, Annual capital growth 2.35%, Number of sales 30, Weekly median advertised rent $360

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

Seacliff has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -5.92% to date .

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

Property investors looking for a bargain in Seacliff should be aiming for at least -4.11% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $440 mark per week – giving a return of 3.07% based on the median price in Suburb

Over the last year, property investments in Seacliff, 5049 have given investors a capital gain of -16.06%. This compares very badly with the 2.97% for SA as a whole.

Seacliff5049 is located in SA which offers an average discount of -6.13% to property investors. Seacliff itself is showing figures that indicate -4.73% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.

With the median price for a house in Seacliff being $499000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.75%

YIP MAG Information supplied by:

YIP MAG
April 2015

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The tide is not the only thing surging at Seacliff as the market for homes continues to grow for the southern seaside suburb.Full summary The tide is not the only thing surging at Seacliff as the market for homes continues to grow for the southern seaside suburb.

The median house price was amplified by 36% to $665,000 over the past 12 months, and still they are being snapped up.

The magnificent beaches, good schooling, sporting facilities and a variety of shopping options are drawing all demographics to the area.

With a rental yield of 3% and a drop in vacancy rate to just 0.72%, the rental market is relatively buoyant.

Sitting just 15km from Adelaide’s CBD, Seacliff is easily accessible by both trains and buses.

With Marion also just a 10-minute drive away, the area has got great infrastructure and amenities available.

If you are looking to buy, Esplanade and Marine Parade offer the best views of the sea.

Popular houses are also nearby or on Brighton Road as many shops and services are close by.Close
Metrics i HOUSE UNIT
$745,545 $499,000
-7.24% N/A
-5.92% -16.06%
5.05% 2.35%
$440 $360
43 30
3.07% 3.75%
73.81 103.86

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1954
Median household income ($/weekly) 1383
Median age of persons 42
Median housing loan repayment ($/monthly) 1613
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 169 8.6
    25-34 years 238 12.2
    35-44 years 256 13.1
    45-54 years 323 16.5
    55-64 years 322 16.5
    Others 647 33.1
    Age Group
    Census Count Percent(%)
    Registered Married 731 49.6
    Not Married 603 40.9
    Defacto Relationship 140 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1338 73.1
    Greece 19 1.0
    Papua New Guinea 28 1.5
    United Kingdom 243 13.3
    Other 51 2.8
    Others 151 8.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 2.1
    Christianity 1037 60.2
    Hinduism 11 0.6
    Islam 15 0.9
    No Religion 619 35.9
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 71 9.8
    $800-$999 63 8.7
    $1,500-$1,999 74 10.2
    $2,000-$2,499 69 9.5
    $2,500-$2,999 88 12.1
    Others 362 49.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 622 39.8
    Not in the labour force 478 30.6
    Employed, worked part-time 356 22.8
    Employed, away from work 59 3.8
    Unemployed, looking for work 46 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 135 13.0
    Professionals 320 30.9
    Community & personal service workers 121 11.7
    Clerical & administrative workers 144 13.9
    Sales 116 11.2
    Others 199 19.2
    Occupation
    Census Count Percent(%)
    Pre-school 27 6.6
    Infants/Primary 126 30.6
    Secondary 80 19.4
    Technical or Further Educational Institution 46 11.2
    University or other Tertiary Institutions 120 29.1
    Others 13 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1263 71.0
    Semi-detached, row or terrace house, townhouse 321 18.1
    Flat, unit or apartment 194 10.9
    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 285 37.0
    Being purchased 262 34.0
    Rented 218 28.3
    Other tenure type 5 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals