Suburb Profile Report for Davoren Park SA (5113)

Davoren Park House: Median price $163,000, Annual capital growth -1.55%, Number of sales 97, Weekly median advertised rent $251

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

If you compare the increase in value of investment property in Davoren Park, 5113 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -9.44%.

Comparing Davoren Park,5113 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 259th of SA’s most discounted properties, Davoren Park is in the TOP 20% of the state/territory when listing in order of most discounted to least.

A $251 per week rent on the median house gives suburb investors a gross yield of circa 8.01%, without taking into account capital value appreciation, which has been averaging out at -1.55%.

Metrics	HOUSE	UNIT
Median price	$163,000	N/A
Quarterly growth	-4.82%	N/A
12-month growth	-9.44%	N/A
Average Annual Growth	-1.55%	N/A
Weekly median advertised rent	$251	N/A
Number of sales	97	N/A
Gross rental yield	8.01%	N/A
Days on market	71.2328767123288	N/A

DSR Score for property investment : Good (H), Balanced (U)

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Demographics

Total population	7000
Median household income ($/weekly)	688
Median age of persons	30
Median housing loan repayment ($/monthly)	1083
Average household size	2.5

Census	Count	Percent(%)
0-4 years	666	9.5
5-14 years	1048	15.0
25-34 years	993	14.2
35-44 years	812	11.6
45-54 years	842	12.0
Others	2639	37.7

Age Group

Census	Count	Percent(%)
Not Married	2681	57.0
Registered Married	1381	29.4
Defacto Relationship	640	13.6

Social Marital Status

Census	Count	Percent(%)
Australia	5168	79.5
Papua New Guinea	56	0.9
Philippines	46	0.7
United Kingdom	634	9.8
Other	333	5.1
Others	260	4.0

Country of Birth

Census	Count	Percent(%)
Buddhism	89	1.5
Christianity	3078	51.6
Islam	79	1.3
Other Religious Groups	46	0.8
No Religion	2663	44.6
Others	12	0.2

Religious Affiliation

Census	Count	Percent(%)
$300-$399	293	13.0
$400-$599	408	18.1
$600-$799	382	16.9
$800-$999	279	12.4
$1,000-$1,249	232	10.3
Others	660	29.3

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	2656	54.4
Employed, worked full-time	1096	22.4
Employed, worked part-time	578	11.8
Unemployed, looking for work	427	8.7
Employed, away from work	129	2.6

Person Characteristics

Census	Count	Percent(%)
Technicians & trades workers	252	14.0
Community & personal service workers	212	11.8
Sales	184	10.2
Machinery operators & drivers	314	17.4
Labourers	443	24.6
Others	398	22.1

Occupation

Census	Count	Percent(%)
Pre-school	116	7.5
Infants/Primary	711	45.8
Secondary	407	26.2
Technical or Further Educational Institution	168	10.8
University or other Tertiary Institutions	85	5.5
Others	67	4.3

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	5098	78.5
Semi-detached, row or terrace house, townhouse	1358	20.9
Flat, unit or apartment	42	0.6
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0