Suburb Profile Report for Broadview SA (5083)

Broadview House: Median price $570,000, Annual capital growth 2.98%, Number of sales 62, Weekly median advertised rent $395

Broadview Unit: Median price $305,000, Annual capital growth 0.92%, Number of sales 27, Weekly median advertised rent $310

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Broadview has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 8.57% to date .

Broadview,5083 has offered an average of 8.57% return per annum in house price rises to property investors over the last three years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.73% offered to property buyers. Sellers in Broadview itself are offering an average vendor discount of -6.25% to real estate investors.

Using the current median advertised rental of $395 and the average annual increase in value of a median property of 2.98%, investors should hope to achieve an overall return of 3.60%

Broadview is an average performer in SA when comparing median price capital growth over the last year. Broadview gave property investors a average capital gain figure when compared to the rest of the state, with -2.09%.

When looking at the potential capital gains offered to property investors over the last 3 years, Broadview comes in at number 93th in SA.

Vendor discounting in Broadview is giving property investors an average Vendor Discount of around -6.11%. This puts suburb at number 38th in SA when ranking the most discounted suburbs.

On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.

Property investors should expect to get $310 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$570,000 $305,000
-0.87% -2.24%
8.57% -2.09%
2.98% 0.92%
$395 $310
62 27
3.60% 5.29%
68.34375 63.2857142857143

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 3994
Median household income ($/weekly) 1118
Median age of persons 37
Median housing loan repayment ($/monthly) 1517
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 343 8.6
    25-34 years 748 18.7
    35-44 years 535 13.4
    45-54 years 490 12.3
    55-64 years 452 11.3
    Others 1427 35.7
    Age Group
    Census Count Percent(%)
    Not Married 1591 50.4
    Registered Married 1302 41.2
    Defacto Relationship 265 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2770 72.8
    Croatia 61 1.6
    Indonesia 228 6.0
    United Kingdom 188 4.9
    Other 161 4.2
    Others 398 10.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 79 2.2
    Christianity 2271 61.9
    Hinduism 152 4.1
    Islam 111 3.0
    No Religion 980 26.7
    Others 77 2.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 165 10.6
    $400-$599 166 10.7
    $600-$799 151 9.7
    $800-$999 149 9.6
    $1,500-$1,999 219 14.1
    Others 707 45.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1275 39.1
    Not in the labour force 1147 35.2
    Employed, worked part-time 598 18.3
    Employed, away from work 125 3.8
    Unemployed, looking for work 117 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 231 11.6
    Professionals 514 25.7
    Technicians & trades workers 253 12.7
    Clerical & administrative workers 307 15.4
    Labourers 193 9.7
    Others 501 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 65 7.2
    Infants/Primary 242 26.8
    Secondary 178 19.7
    Technical or Further Educational Institution 97 10.7
    University or other Tertiary Institutions 297 32.9
    Others 25 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2772 72.9
    Flat, unit or apartment 707 18.6
    Semi-detached, row or terrace house, townhouse 315 8.3
    House or flat attached to a shop, office 9 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 622 37.4
    Fully owned 508 30.5
    Being purchased 503 30.2
    Other tenure type 31 1.9
    Tenure Type
Census 2011, ABS
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