Suburb Profile Report for Hallett Cove SA (5158)

Hallett Cove House: Median price $470,000, Annual capital growth 2.53%, Number of sales 206, Weekly median advertised rent $380

Hallett Cove Unit: Median price $335,000, Annual capital growth 3.80%, Number of sales 15, Weekly median advertised rent $310

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

At number 2320th 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 0.53% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Hallett Cove,5158 has racked up an average of 0.53% over the period. This ranks it number 2570th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Hallett Cove is offering property investors an average of -6.61. This rate of discount on properties puts Suburb at number 191th in terms of most discounted suburbs in SA

The SA suburb of Hallett Cove, 5158 is in the Marion (C) local government area.

At number 397th in the list of Australian suburbs ordered by increase in median house value over the last year, Hallett Cove, 5158 is in the top 30% with a property value increase of 6.77% recorded in median house prices.

While Hallett Cove,5158 ranked number 21th in SA for increase in median house value (annualised) increase, it is ranked 34th over the last 5 years.

Renters in Suburb are facing rents around $16120 per annum or $310 every week.

Metrics i HOUSE UNIT
$470,000 $335,000
0.43% 3.08%
0.53% 6.77%
2.53% 3.80%
$380 $310
206 15
4.20% 4.81%
51.53 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

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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