Suburb Profile Report for Hope Valley SA (5090)

Hope Valley House: Median price $397,250, Annual capital growth 3.14%, Number of sales 114, Weekly median advertised rent $345

Hope Valley Unit: Median price $300,000, Annual capital growth 3.45%, Number of sales 28, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

If you compare the increase in value of investment property in Hope Valley, 5090 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 3.18%.

While Hope Valley,5090 ranked number 208th in SA for increase in median house value (annualised) increase, it is ranked 288th over the last 5 years.

Sellers are offering property buyers an average discount of -4.55% to buyers in Hope Valley at the moment, which is less than average for the rest of SA.

In the last year 114 properties changed hands in Hope Valley, which puts it as the 41th most active market in SA when comparing the number of sales per suburb.

With the median price for a house in Hope Valley being $397250 and the advertised rent reaching $345 the gross rental yield for property investors calculates out to be 4.52%

Property investors who have had real estate in Hope Valley, 5090 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 6.41%

Hope Valley,5090 has offered an average of 6.41% return per annum in house price rises to property investors over the last three years.

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 Hope Valley, 5090. Typically our figures indicate that -6.07% is being offered, which puts this SA suburb at 423th most discounted overall in Australia.

Often selling an investment property can take time, and in Hope Valley the average time real estate has been on the market is 67.55 days.

Renters in Suburb are facing rents around $3480 per annum or $290 every week.

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
$397,250 $300,000
0.79% 3.45%
3.18% 6.41%
3.14% 3.45%
$345 $290
114 28
4.52% 5.03%
62.53 67.55

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