Suburb Profile Report for Hewett SA (5118)

Hewett House: Median price $490,000, Annual capital growth 2.32%, Number of sales 39, Weekly median advertised rent $445

  • 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

Over the last year, property investments in Hewett, 5118 have given investors a capital gain of 12.51%. This compares very favourably with the 2.10% for SA as a whole.

If we look at median property appreciation over just the last three months, Hewett has given property investors a paper return of 6.06%. This puts Suburb as 45 on a list of fastest fasting appreciating suburbs in SA

Property investors looking for a bargain in Hewett should be aiming for at least -6.27% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $445 and the average annual increase in value of a median property of 2.32%, investors should hope to achieve an overall return of 4.72%

Metrics i HOUSE UNIT
$490,000 N/A
6.06% N/A
12.51% N/A
2.32% N/A
$445 N/A
39 N/A
4.72% N/A
89.375 N/A

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 : Good (H), Above average (U)
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Demographics
Total population 2754
Median household income ($/weekly) 1914
Median age of persons 32
Median housing loan repayment ($/monthly) 1733
Average household size 3.3
  • Census Count Percent(%)
    0-4 years 253 9.2
    5-14 years 539 19.6
    25-34 years 354 12.9
    35-44 years 556 20.2
    45-54 years 423 15.4
    Others 629 22.8
    Age Group
    Census Count Percent(%)
    Registered Married 1220 65.1
    Not Married 477 25.5
    Defacto Relationship 176 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2239 83.6
    Papua New Guinea 15 0.6
    South Africa 17 0.6
    United Kingdom 315 11.8
    Other 29 1.1
    Others 62 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1635 65.6
    No Religion 833 33.4
    Islam 12 0.5
    Buddhism 6 0.2
    Other Religious Groups 5 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 61 8.1
    $1,250-$1,499 62 8.2
    $1,500-$1,999 133 17.7
    $2,000-$2,499 140 18.6
    $2,500-$2,999 104 13.8
    Others 253 33.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 940 48.9
    Employed, worked part-time 432 22.5
    Not in the labour force 403 20.9
    Employed, away from work 97 5.0
    Unemployed, looking for work 52 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 213 14.5
    Professionals 241 16.4
    Technicians & trades workers 230 15.6
    Community & personal service workers 172 11.7
    Clerical & administrative workers 225 15.3
    Others 393 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 65 7.4
    Infants/Primary 418 47.5
    Secondary 222 25.2
    Technical or Further Educational Institution 77 8.8
    University or other Tertiary Institutions 83 9.4
    Others 15 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2703 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 568 68.8
    Fully owned 146 17.7
    Rented 112 13.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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