Suburb Profile Report for Northfield SA (5085)

Northfield House: Median price $420,000, Annual capital growth 2.98%, Number of sales 60, Weekly median advertised rent $350

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

Property investors who have had real estate in Northfield, 5085 should be ok 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 2.19%

Comparing Northfield,5085 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 352th of SA’s most discounted properties, Northfield is in the TOP 10% of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 5.00 sales per month, which equates to 60 per year.

Renters in Suburb are facing rents around $18200 per annum or $350 every week.

Information supplied by:


March 2018

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In the suburb of Northfield in the greater Adelaide region, overall housing supply slipped by nearly 30% in the 12 months leading up to December 2017Full summary

Property stock is low

Postcode: 5085

Median house price: $415,000

Stock on market: -29.6%

12-month growth: 7.8%

In the suburb of Northfield in the greater Adelaide region, overall housing supply slipped by nearly 30% in the 12 months leading up to December 2017.

This could prove to be a boost to demand, supporting the trend of positive growth observed in the past five years. Houses in particular have been quite affordable at $415,000, which could appeal to buyers with tight belts. With Northfield being less than 30 minutes’ drive from the Adelaide CBD, professionals working in the city could also strongly consider residing in this pocket.

Primarily known for being the site of the Yatala Labour Prison, Northfield is also home to Northfield Primary School, as well as two reserves that have become the bases of two local football clubs.

Close
Metrics i HOUSE UNIT
$420,000 N/A
-0.12% N/A
2.19% N/A
2.98% N/A
$350 N/A
60 N/A
4.33% N/A
57.15 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 3860
Median household income ($/weekly) 809
Median age of persons 36
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 356 9.2
    25-34 years 781 20.2
    35-44 years 628 16.3
    45-54 years 440 11.4
    55-64 years 350 9.1
    Others 1304 33.8
    Age Group
    Census Count Percent(%)
    Not Married 1244 52.5
    Registered Married 949 40.0
    Defacto Relationship 177 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2406 68.0
    Indonesia 121 3.4
    United Kingdom 212 6.0
    Viet Nam 91 2.6
    Other 333 9.4
    Others 375 10.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 104 3.7
    Christianity 1579 56.3
    Islam 127 4.5
    Other Religious Groups 73 2.6
    No Religion 846 30.1
    Others 77 2.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 154 13.1
    $400-$599 175 14.8
    $600-$799 153 13.0
    $800-$999 114 9.7
    $1,500-$1,999 120 10.2
    Others 463 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1677 55.2
    Employed, worked full-time 728 23.9
    Employed, worked part-time 402 13.2
    Unemployed, looking for work 133 4.4
    Employed, away from work 100 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 220 17.9
    Technicians & trades workers 178 14.5
    Community & personal service workers 164 13.4
    Clerical & administrative workers 168 13.7
    Labourers 199 16.2
    Others 298 24.3
    Occupation
    Census Count Percent(%)
    Pre-school 42 6.3
    Infants/Primary 249 37.2
    Secondary 145 21.7
    Technical or Further Educational Institution 90 13.5
    University or other Tertiary Institutions 112 16.7
    Others 31 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2425 82.0
    Semi-detached, row or terrace house, townhouse 368 12.4
    Flat, unit or apartment 163 5.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 581 46.4
    Being purchased 332 26.5
    Fully owned 327 26.1
    Other tenure type 11 0.9
    Tenure Type
Census 2011, ABS
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