Suburb Profile Report for Hallett Cove SA (5158)

Hallett Cove House: Median price $467,500, Annual capital growth 2.49%, Number of sales 252, Weekly median advertised rent $375

Hallett Cove Unit: Median price $330,000, Annual capital growth 2.05%, Number of sales 18, Weekly median advertised rent $300

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

At number 2461th in the list of Australian suburbs ordered by increase in median house value over the last year, Hallett Cove, 5158 is in the BOTTOM 50% with a property value increase of 1.63% recorded in median house prices.

Hallett Cove,5158 has offered an average of 1.63% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Hallett Cove 5158 should be seeing an average reduction in asking price of around -5.62% . This means that Hallett Cove is holding prices well when compared to other suburbs in SA.

In the last year 252 properties changed hands in Hallett Cove, which puts it as the 5th most active market in SA when comparing the number of sales per suburb.

With the median price for a house in Hallett Cove being $467500 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 4.17%

Hallett Cove, 5158 ranked 58th in SA when comparing growth in median property values or capital gain over the last 12 months. Hallett Cove is one of 853 in our list for SA

The five-year average increase in median property values for Hallett Cove,5158 has given property investors a potential capital gain of 11.86% across each of those five years.

Vendor discounting in Hallett Cove is giving property investors an average Vendor Discount of around -4.69%. This puts suburb at number 131th in SA when ranking the most discounted suburbs.

Hallett Cove is 86th on a list of best yielding suburbs for rents in SA with a 4.73% return

Metrics i HOUSE UNIT
$467,500 $330,000
-0.53% 5.18%
1.63% 8.20%
2.49% 2.05%
$375 $300
252 18
4.17% 4.73%
63.33 51

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 12256
Median household income ($/weekly) 1465
Median age of persons 40
Median housing loan repayment ($/monthly) 1600
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1522 12.4
    25-34 years 1241 10.1
    35-44 years 1659 13.5
    45-54 years 2146 17.5
    55-64 years 1879 15.3
    Others 3810 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 5428 57.7
    Not Married 3250 34.5
    Defacto Relationship 731 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 7967 67.0
    Papua New Guinea 141 1.2
    South Africa 216 1.8
    United Kingdom 2203 18.5
    Other 354 3.0
    Others 1016 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 99 0.9
    Christianity 7292 65.4
    Islam 51 0.5
    Other Religious Groups 83 0.7
    No Religion 3575 32.1
    Others 45 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 336 8.5
    $1,000-$1,249 356 9.0
    $1,500-$1,999 610 15.5
    $2,000-$2,499 535 13.6
    $2,500-$2,999 365 9.3
    Others 1737 44.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4021 41.3
    Not in the labour force 2707 27.8
    Employed, worked part-time 2340 24.0
    Employed, away from work 381 3.9
    Unemployed, looking for work 298 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1332 19.8
    Technicians & trades workers 1117 16.6
    Community & personal service workers 740 11.0
    Clerical & administrative workers 1186 17.6
    Sales 744 11.0
    Others 1623 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 161 5.4
    Infants/Primary 1103 36.8
    Secondary 836 27.9
    Technical or Further Educational Institution 279 9.3
    University or other Tertiary Institutions 541 18.1
    Others 76 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11336 96.9
    Semi-detached, row or terrace house, townhouse 264 2.3
    Flat, unit or apartment 98 0.8
    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 2110 48.8
    Fully owned 1565 36.2
    Rented 637 14.7
    Other tenure type 9 0.2
    Tenure Type
Census 2011, ABS
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