Suburb Profile Report for Hectorville SA (5073)

Hectorville House: Median price $570,000, Annual capital growth 3.61%, Number of sales 70, Weekly median advertised rent $375

Hectorville Unit: Median price $310,000, Annual capital growth 2.39%, Number of sales 29, Weekly median advertised rent $295

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

Property investors who have had real estate in Hectorville, 5073 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.06%

Over the longer term, Hectorville has seen property prices show investors a 11.76% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hectorville, 5073. Typically our figures indicate that -5.97% is being offered, which puts this SA suburb at 1589th most discounted overall in Australia.

With the median price for a house in Hectorville being $570000 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 3.42%

Investment property in Hectorville has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -16.22%

Taking the average capital gain, or increase in median house value, Hectorville,5073 has racked up an average of -16.22% over the period. This ranks it number 626th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Hectorville should be aiming for at least -5.34% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $295 mark per week – giving a return of 4.95% based on the median price in Suburb

Metrics i HOUSE UNIT
$570,000 $310,000
1.79% -19.48%
8.06% -16.22%
3.61% 2.39%
$375 $295
70 29
3.42% 4.95%
43.41 61.29

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 3610
Median household income ($/weekly) 849
Median age of persons 39
Median housing loan repayment ($/monthly) 1486
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 368 10.2
    25-34 years 549 15.2
    35-44 years 529 14.7
    45-54 years 429 11.9
    65-74 years 365 10.1
    Others 1370 38.0
    Age Group
    Census Count Percent(%)
    Registered Married 1418 48.6
    Not Married 1319 45.2
    Defacto Relationship 183 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1977 56.6
    Croatia 121 3.5
    Indonesia 193 5.5
    Japan 561 16.1
    Other 181 5.2
    Others 462 13.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 96 2.8
    Christianity 2391 70.4
    Hinduism 119 3.5
    Other Religious Groups 93 2.7
    No Religion 632 18.6
    Others 65 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 160 11.1
    $400-$599 197 13.7
    $600-$799 180 12.5
    $800-$999 136 9.5
    $1,500-$1,999 152 10.6
    Others 614 42.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1237 42.2
    Employed, worked full-time 948 32.3
    Employed, worked part-time 555 18.9
    Unemployed, looking for work 115 3.9
    Employed, away from work 78 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 330 20.9
    Technicians & trades workers 201 12.7
    Community & personal service workers 165 10.5
    Clerical & administrative workers 277 17.6
    Labourers 173 11.0
    Others 432 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 47 6.0
    Infants/Primary 284 36.4
    Secondary 138 17.7
    Technical or Further Educational Institution 85 10.9
    University or other Tertiary Institutions 198 25.4
    Others 29 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2567 73.2
    Flat, unit or apartment 596 17.0
    Semi-detached, row or terrace house, townhouse 344 9.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 573 38.0
    Fully owned 569 37.7
    Being purchased 359 23.8
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
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