Suburb Profile Report for Hope Valley SA (5090)

Hope Valley House: Median price $399,500, Annual capital growth 2.62%, Number of sales 103, Weekly median advertised rent $368

Hope Valley Unit: Median price $307,000, Annual capital growth 2.86%, Number of sales 30, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Hope Valley is an average performer in SA when comparing median price capital growth over the last year. Hope Valley gave property investors a average capital gain figure when compared to the rest of the state, with 2.44%.

A 10.44% growth in median value for property investors in Hope Valley,5090 puts this suburb at number 217th in terms of best performing suburbs in SA

At number 134th of SA’s most discounted properties, Hope Valley is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Hope Valley the average time real estate has been on the market is 64.59 days.

A $367.5 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 2.62%.

Giving property investors a a stable capital gain of 6.78% for the last year, Hope Valley, 5090 is the 645th highest performer in Australia in this respect.

Hope Valley,5090 was ranked 691 in Australia by increase in median property value over the quarter.

At number 42th of SA’s most discounted properties, Hope Valley is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Hope Valley have been waiting around 79.53 days to sell a property.

Hope Valley, 5090’s gross rental yield is 4.95%

Information supplied by:


June 2017

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Home to one of the biggest bodies of water in Adelaide, Hope Valley is highly popular among home buyers due to its affordability and many amenities.Full summary

Home to one of the biggest bodies of water in Adelaide, Hope Valley is highly popular among home buyers due to its affordability and many amenities.

House prices come in at under $400,000 despite 4.3% growth over the past 12 months. This continues a streak of positive performances recorded over the recent five-year period. Average yield is also high at 4.5%. And although the unit market tumbled slightly in the previous year, returns for investors have soared at over 5%. 

Thus, Hope Valley could serve as a good entry point into the market for first home buyers. It is close to Modbury Hospital, and is roughly a 30-minute drive from Adelaide. The suburb is also home to several schools and a well-stocked shopping centre. 

Close
Metrics i HOUSE UNIT
$399,500 $307,000
0.57% 0.99%
2.44% 6.78%
2.62% 2.86%
$368 $293
103 30
4.78% 4.95%
64.59 79.53

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 7639
Median household income ($/weekly) 944
Median age of persons 46
Median housing loan repayment ($/monthly) 1500
Average household size 2.3
  • Census Count Percent(%)
    25-34 years 868 11.4
    35-44 years 896 11.7
    45-54 years 851 11.1
    55-64 years 943 12.3
    75-84 years 844 11.1
    Others 3236 42.4
    Age Group
    Census Count Percent(%)
    Registered Married 2988 52.3
    Not Married 2329 40.8
    Defacto Relationship 397 6.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5445 74.1
    Greece 114 1.6
    Japan 167 2.3
    United Kingdom 825 11.2
    Other 249 3.4
    Others 550 7.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 83 1.2
    Christianity 5055 73.1
    Islam 59 0.9
    Other Religious Groups 48 0.7
    No Religion 1624 23.5
    Others 45 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 295 10.5
    $400-$599 430 15.2
    $600-$799 322 11.4
    $800-$999 295 10.5
    $1,500-$1,999 333 11.8
    Others 1146 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2831 45.5
    Employed, worked full-time 1945 31.3
    Employed, worked part-time 1067 17.2
    Employed, away from work 197 3.2
    Unemployed, looking for work 181 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 596 18.6
    Technicians & trades workers 549 17.1
    Community & personal service workers 364 11.3
    Clerical & administrative workers 563 17.5
    Sales 333 10.4
    Others 805 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 73 5.2
    Infants/Primary 536 38.3
    Secondary 331 23.6
    Technical or Further Educational Institution 162 11.6
    University or other Tertiary Institutions 243 17.4
    Others 55 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5597 81.3
    Semi-detached, row or terrace house, townhouse 1079 15.7
    Flat, unit or apartment 206 3.0
    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 1055 35.4
    Being purchased 1020 34.2
    Rented 533 17.9
    Other tenure type 375 12.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals