Suburb Profile Report for Tranmere SA (5073)

Tranmere House: Median price $707,750, Annual capital growth 2.73%, Number of sales 68, Weekly median advertised rent $478

Tranmere Unit: Median price $574,900, Annual capital growth 4.16%, Number of sales 19, Weekly median advertised rent $345

  • 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.

  • Expert Report
  • House Report
  • Unit Report

SA has seen average median house prices change by 10.08% which means that Tranmere, 5073 has done well for property investors by showing a capital gain of 5.24% over the last year

If we look at median property appreciation over just the last three months, Tranmere has given property investors a paper return of 4.08%. This puts Suburb as 200 on a list of fastest fasting appreciating suburbs in SA

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 Tranmere, 5073. Typically our figures indicate that -4.27% is being offered, which puts this SA suburb at 1275th most discounted overall in Australia.

Residents and property investors in Tranmere have been waiting around 52.9412 days to sell a property.

Property investors should expect to get $477.5 weekly from the median priced house in this suburb.

Situated 6.21km from the CBD, Tranmere is one of Campbelltown (C) (SA) localities in the postcode 5073.

Darren Crowley Information supplied by:

Darren Crowley
Scarce Real Estate

M 08 8332 1022
O 0424 585 214

W www.scarce.com.au
E darren@scarce.com.au
Giving property investors a an average capital gain of 2.91% for the last year, Tranmere, 5073 is the 1562th highest performer in Australia in this respect.
 
A 11.11% growth in median value for property investors in Tranmere,5073 puts this suburb at number 192th in terms of best performing suburbs in SA
 
Our latest figures would indicate that property sellers in Tranmere are currently offering property investors an average price cut of -9.19% below the asking price at the moment.
 
Tranmere is 351th on a list of best yielding suburbs for rents in SA with a 3.53% return.
 
Selling points: Close to CBD, The Parade, public transport and large shopping precincts.
 
Most sought after properties: Large allotments (1000 sq mtrs and over) seem to be in high demand, as people are seeing the potential to sub divide and capaltilise on the areas appeal.
 
Most common properties:  Character homes, particulary bungalows and Tudors
 
Top amenities:  Firle Plaza (Contains a variety of specialty shops, as well as Kmart, and Coles)
 
Local industry and business: Magill University, 
 
Recent changes: Many older homes on large allotments are being demolished in favour of a substantial single dwelling being built or developers building 2 properties and selling one and keeping the other.
 
Best streets: Kings Grove, Tennyson Avenue
 
Public transport: Arthur St, and Magill Rd, which all go into the CBD
 
Main arteries: Glynburn Rd and  Magill Rd

 

Metrics i HOUSE UNIT
$707,750 $574,900
4.08% 5.29%
5.24% N/A
2.73% 4.16%
$478 $345
68 19
3.51% 3.12%
52.9411764705882 N/A

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 (U), Above average (H)
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Demographics
Total population 3615
Median household income ($/weekly) 1271
Median age of persons 38
Median housing loan repayment ($/monthly) 1979
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 440 12.2
    25-34 years 419 11.6
    35-44 years 567 15.7
    45-54 years 541 15.0
    55-64 years 353 9.8
    Others 1294 35.8
    Age Group
    Census Count Percent(%)
    Registered Married 1435 51.6
    Not Married 1177 42.3
    Defacto Relationship 171 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2348 67.3
    Croatia 122 3.5
    Japan 163 4.7
    United Kingdom 197 5.6
    Other 151 4.3
    Others 509 14.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 85 2.6
    Christianity 2223 66.9
    Hinduism 77 2.3
    Other Religious Groups 64 1.9
    No Religion 823 24.8
    Others 51 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 131 10.3
    $800-$999 113 8.9
    $1,250-$1,499 111 8.7
    $1,500-$1,999 162 12.7
    $2,500-$2,999 108 8.5
    Others 648 50.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1044 36.7
    Not in the labour force 993 34.9
    Employed, worked part-time 630 22.2
    Employed, away from work 94 3.3
    Unemployed, looking for work 83 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 212 12.0
    Professionals 518 29.3
    Technicians & trades workers 196 11.1
    Community & personal service workers 193 10.9
    Clerical & administrative workers 266 15.0
    Others 383 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 55 5.6
    Infants/Primary 344 35.0
    Secondary 208 21.2
    Technical or Further Educational Institution 82 8.4
    University or other Tertiary Institutions 266 27.1
    Others 27 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2951 84.7
    Semi-detached, row or terrace house, townhouse 306 8.8
    Flat, unit or apartment 225 6.5
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 516 37.7
    Being purchased 426 31.1
    Rented 416 30.4
    Other tenure type 11 0.8
    Tenure Type
Census 2011, ABS
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