Suburb Profile Report for Flagstaff Hill SA (5159)

Flagstaff Hill House: Median price $536,750, Annual capital growth 2.72%, Number of sales 139, Weekly median advertised rent $430

  • 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.

  • Expert Report
  • House Report

At number 1385th in the list of Australian suburbs ordered by increase in median house value over the last year, Flagstaff Hill, 5159 is in the top 40% with a property value increase of 1.75% recorded in median house prices.

Comparing Flagstaff Hill,5159 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Flagstaff Hill5159 is located in SA which offers an average discount of -6.73% to property investors. Flagstaff Hill itself is showing figures that indicate -5.71% is the average achievable by property buyers investing in the suburb.

A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.17%, without taking into account capital value appreciation, which has been averaging out at 2.72%.

Information supplied by:


April 2019

M
O

W
E

Stock levels fall

Postcode: 5159

Median house price: $530,000

Stock on market: -28.8%

12-month growth: 8.2%

A suburb that offers the best of both city lights and the shore while providing a peaceful country atmosphere, Flagstaff Hill is popular with residents as a good place to raise a family.

Highlights include the safe atmosphere and the many facilities in town, including several schools. Flagstaff Hill R-7 School, Craigburn Primary School and a couple of kindergarten institutions have been established here. There’s also a golf club and community centre. Flagstaff Hill shopping centre contains dining options, a supermarket and clinic. The suburb is also located near the Sturt Gorge Recreational Park, and maintains many leafy open spaces.

The number of houses on the market dropped considerably from 66 to 47 in the 12 months to February 2019. This could spark more demand and cause property prices to go up further.

Metrics i HOUSE UNIT
$536,750 N/A
0.00% N/A
1.75% N/A
2.72% N/A
$430 N/A
139 N/A
4.17% N/A
70.5959595959596 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)
Find a mortgage broker in Flagstaff Hill SA
Demographics
Total population 9850
Median household income ($/weekly) 1650
Median age of persons 41
Median housing loan repayment ($/monthly) 1700
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1284 13.0
    25-34 years 946 9.6
    35-44 years 1385 14.1
    45-54 years 1642 16.7
    55-64 years 1561 15.8
    Others 3032 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 4558 60.9
    Not Married 2376 31.8
    Defacto Relationship 546 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 6999 73.0
    Papua New Guinea 105 1.1
    South Africa 117 1.2
    United Kingdom 1338 14.0
    Other 285 3.0
    Others 744 7.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 71 0.8
    Christianity 5899 65.5
    Hinduism 71 0.8
    Other Religious Groups 48 0.5
    No Religion 2853 31.7
    Others 58 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 266 8.6
    $1,000-$1,249 271 8.8
    $1,500-$1,999 453 14.6
    $2,000-$2,499 431 13.9
    $2,500-$2,999 322 10.4
    Others 1352 43.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3182 41.1
    Not in the labour force 2133 27.5
    Employed, worked part-time 1870 24.1
    Employed, away from work 317 4.1
    Unemployed, looking for work 248 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 707 13.2
    Professionals 1244 23.2
    Technicians & trades workers 690 12.9
    Community & personal service workers 604 11.3
    Clerical & administrative workers 955 17.8
    Others 1163 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 129 5.1
    Infants/Primary 946 37.3
    Secondary 662 26.1
    Technical or Further Educational Institution 208 8.2
    University or other Tertiary Institutions 531 21.0
    Others 57 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9228 98.2
    Caravan, cabin, houseboat 103 1.1
    Semi-detached, row or terrace house, townhouse 56 0.6
    Flat, unit or apartment 6 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1734 51.3
    Fully owned 1268 37.5
    Rented 373 11.0
    Other tenure type 3 0.1
    Tenure Type
Census 2011, ABS
Chart Table