Suburb Profile Report for Ironbank SA (5153)

Ironbank House: Median price $780,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent N/A

  • 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

Investment property in Ironbank has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.41%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ironbank has increased when compared to the 5 year average annual rate.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.77% offered to property buyers. Sellers in Ironbank itself are offering an average vendor discount of -9.32% to real estate investors.

The SA suburb of Ironbank, 5153 is in the Adelaide Hills (DC) local government area.

Metrics i HOUSE UNIT
$780,000 N/A
0.00% N/A
N/A N/A
N/A N/A
N/A N/A
10 N/A
N/A N/A
N/A 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 : Above average (H), Above average (U)
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Demographics
Total population 489
Median household income ($/weekly) 1923
Median age of persons 42
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 93 19.0
    15-19 years 44 9.0
    35-44 years 71 14.5
    45-54 years 107 21.8
    55-64 years 76 15.5
    Others 99 20.2
    Age Group
    Census Count Percent(%)
    Registered Married 238 65.0
    Not Married 97 26.5
    Defacto Relationship 31 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 395 82.0
    Papua New Guinea 6 1.2
    United Kingdom 48 10.0
    United States of America 7 1.5
    Other 11 2.3
    Others 15 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 264 59.9
    No Religion 170 38.5
    Buddhism 4 0.9
    Other Religious Groups 3 0.7
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 13 8.6
    $1,500-$1,999 23 15.1
    $2,000-$2,499 20 13.2
    $2,500-$2,999 30 19.7
    $3,000-$3,499 12 7.9
    Others 54 35.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 149 39.1
    Not in the labour force 109 28.6
    Employed, worked part-time 104 27.3
    Unemployed, looking for work 11 2.9
    Employed, away from work 8 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 34 12.9
    Professionals 88 33.3
    Technicians & trades workers 47 17.8
    Clerical & administrative workers 36 13.6
    Sales 29 11.0
    Others 30 11.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 71 47.3
    Secondary 41 27.3
    University or other Tertiary Institutions 21 14.0
    Technical or Further Educational Institution 13 8.7
    Pre-school 4 2.7
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 483 100.0
    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 98 60.5
    Fully owned 64 39.5
    Rented 0 0.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table