Suburb Profile Report for Happy Valley SA (5159)

Happy Valley House: Median price $395,000, Annual capital growth 1.42%, Number of sales 173, Weekly median advertised rent $380

  • 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

Happy Valley, 5159 ranked 271th in SA when comparing growth in median property values or capital gain over the last 12 months. Happy Valley is one of 853 in our list for SA

The five-year average increase in median property values for Happy Valley,5159 has given property investors a potential capital gain of 9.72% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Happy Valley, 5159. Typically our figures indicate that -5.79% is being offered, which puts this SA suburb at 2148th most discounted overall in Australia.

On average over the past year, suburb has had 14.42 sales per month, which equates to 173 per year.

Information supplied by:



Happy Valley, located 20km south of Adelaide, down Main South Road, is a suburb that local Ray White rental agent Jason O’Halloran describes as a “sleeping giant.”

O’Halloran says there has been a lack of recent demand in the area, predominantly caused by the wider current financial climate and also buyers biding their time.

“We’ve noticed a lot of interest in the area, but I think people expect median prices to drop even further and I think they are waiting for that to happen before they pounce on the property they want,” he said.

O’Halloran says the area still receives a lot of interest due to its pleasant location and more affordable prices.

“Once you head south from Adelaide, house prices drop dramatically, so people that can’t afford to live in [central Adelaide] are beginning to look down south.”

“The rising plains across Happy Valley also mean that you don’t have to pay very much for a house to get a good view,” he said. Happy Valley is located directly across from a reservoir, which O’Halloran says also contributes to the general quietness of the area.

Houses in Happy Valley consist mainly of three or more bedroom homes, on large sloping blocks.

Locals say there are a good number of schools available, often within walking distance. A family-oriented suburb, Happy Valley features numerous parks, walking trails and wildlife for nature enthusiasts.

The main shopping district has a range of shops and eating facilities and the suburb is a short drive from beaches to the west and the Adelaide CBD to the north.

Better streets include Alta Avenue, which is close to schools and parks, Amberly Drive for its beautiful houses and Rosa Court.

Metrics i HOUSE UNIT
$395,000 N/A
0.57% N/A
-0.88% N/A
1.42% N/A
$380 N/A
173 N/A
5.00% N/A
56.7925925925926 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 : Very good (H), Above average (U)
Find a mortgage broker in Happy Valley SA
Total population 11332
Median household income ($/weekly) 1311
Median age of persons 39
Median housing loan repayment ($/monthly) 1517
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1383 12.2
    25-34 years 1438 12.7
    35-44 years 1531 13.5
    45-54 years 1606 14.2
    55-64 years 1707 15.1
    Others 3666 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 4855 56.5
    Not Married 2981 34.7
    Defacto Relationship 753 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 8901 80.5
    New Zealand 85 0.8
    Papua New Guinea 105 0.9
    United Kingdom 1209 10.9
    Other 187 1.7
    Others 574 5.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 108 1.0
    Christianity 6365 61.2
    Islam 31 0.3
    Other Religious Groups 41 0.4
    No Religion 3838 36.9
    Others 14 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 378 9.8
    $1,000-$1,249 392 10.1
    $1,250-$1,499 386 10.0
    $1,500-$1,999 626 16.2
    $2,000-$2,499 461 11.9
    Others 1621 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3576 39.9
    Not in the labour force 2707 30.2
    Employed, worked part-time 2047 22.8
    Employed, away from work 366 4.1
    Unemployed, looking for work 269 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1098 18.4
    Technicians & trades workers 1034 17.3
    Community & personal service workers 657 11.0
    Clerical & administrative workers 1049 17.5
    Sales 689 11.5
    Others 1455 24.3
    Census Count Percent(%)
    Pre-school 147 5.6
    Infants/Primary 1059 40.3
    Secondary 649 24.7
    Technical or Further Educational Institution 259 9.9
    University or other Tertiary Institutions 439 16.7
    Others 73 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10048 93.3
    Semi-detached, row or terrace house, townhouse 708 6.6
    Flat, unit or apartment 11 0.1
    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 2105 50.5
    Fully owned 1358 32.6
    Rented 465 11.2
    Other tenure type 241 5.8
    Tenure Type
Census 2011, ABS
Chart Table