Suburb Profile Report for Christies Beach SA (5165)

Christies Beach House: Median price $370,000, Annual capital growth 1.51%, Number of sales 128, Weekly median advertised rent $330

Christies Beach Unit: Median price $330,000, Annual capital growth 5.56%, Number of sales 17, Weekly median advertised rent $350

  • 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.

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With a capital gain of 2.78% for the last 12 months, Christies Beach, 5165 has performed for property investments than its average annual 1.51% property growth over the last 5 years.

While Christies Beach,5165 ranked number 328th in SA for increase in median house value (annualised) increase, it is ranked 230th over the last 5 years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.73% offered to property buyers. Sellers in Christies Beach itself are offering an average vendor discount of -6.87% to real estate investors.

Christies Beach is 180th on a list of best yielding suburbs for rents in SA with a 4.64% return

Property investors who have had real estate in Christies Beach, 5165 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.35%

Christies Beach,5165 was ranked 1321 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Christies Beach is offering property investors an average of -6.88. This rate of discount on properties puts Suburb at number 16th in terms of most discounted suburbs in SA

Renters in Suburb are facing rents around $18200 per annum or $350 every week.

Judy Harrow Information supplied by:

Judy Harrow
Judy Harrow Property

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O 0400 444 445

W www.judyharrow.com.au
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Selling points: Christies Beach is an older seaside suburb, which is now becoming a very trendy place to retire, build, invest and develop. Its views, locality and access to Adelaide are only a few things to draw people to this area.

The investment/rental market in Christies Beach and the surrounding areas is very strong. There is a lot of activity in the area with the boost in sales which in turn adds to the investment market as well. The current drop in interest rates is fantastic for our area and we are seeing a lot of changes with new developments popping up and being sold to not only owner occupiers but also to investors interstate and local. 

Most sought after properties: The most popular are three-bedroom, two-bathroom properties with two carports.

Most common properties: This suburb has it all; older small homes, three-storey apartments with penthouses and also conventional family homes.

Top amenities: There are high quality schools surrounding the suburb. Colonnades shopping complex is only minutes away, as are Coles and Woolworths stores. We have local restaurants such as Blue Seas on the beach; and local bakeries and stores along Beach Rd.

Local industry and business: Most residents work locally with some commuting to the city.

Recent changes: The change has been huge and all for the better. The developments have meant we have a diverse community. Our once little seaside town is now a hub with beautiful parks on the beach, upgraded beach front and a community feel.

Best streets: I believe the best areas to buy are Christies Beach itself, Port Noarlunga South and Seaford. The expressway has made it so easy to commute and the rail extension to Seaford has improved sales immensely and investors as well.

Public transport: Local transport is improving. The rail extension will make a huge difference to commuters, the expressway is used by everyone and the bus service has improved regarding reliability.

Main arteries: South Rd takes you to Victor Harbor; to Jervis Bay for the KI Ferry; and also into town going in the other direction. The other major road is Dyson Rd, which takes you to Glenelg and the city. Between the two is the Southern Expressway for commuters.

Metrics i HOUSE UNIT
$370,000 $330,000
-1.20% -4.35%
2.78% -4.35%
1.51% 5.56%
$330 $350
128 17
4.64% 5.52%
74.95 141.1

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 5267
Median household income ($/weekly) 821
Median age of persons 40
Median housing loan repayment ($/monthly) 1374
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 625 11.9
    25-34 years 662 12.6
    35-44 years 674 12.8
    45-54 years 690 13.1
    55-64 years 606 11.5
    Others 2011 38.2
    Age Group
    Census Count Percent(%)
    Not Married 1841 47.8
    Registered Married 1578 41.0
    Defacto Relationship 430 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3536 71.4
    Greece 55 1.1
    Papua New Guinea 72 1.5
    United Kingdom 973 19.6
    Other 73 1.5
    Others 246 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 0.9
    Christianity 2519 55.1
    Islam 12 0.3
    Other Religious Groups 44 1.0
    No Religion 1942 42.5
    Others 11 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 212 10.9
    $400-$599 324 16.6
    $600-$799 275 14.1
    $800-$999 253 13.0
    $1,000-$1,249 179 9.2
    Others 705 36.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1837 45.2
    Employed, worked full-time 1200 29.5
    Employed, worked part-time 692 17.0
    Unemployed, looking for work 197 4.8
    Employed, away from work 139 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 288 14.2
    Technicians & trades workers 415 20.5
    Community & personal service workers 277 13.7
    Clerical & administrative workers 255 12.6
    Labourers 249 12.3
    Others 542 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 57 5.5
    Infants/Primary 429 41.4
    Secondary 283 27.3
    Technical or Further Educational Institution 110 10.6
    University or other Tertiary Institutions 124 12.0
    Others 32 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4204 87.2
    Flat, unit or apartment 326 6.8
    Semi-detached, row or terrace house, townhouse 273 5.7
    Caravan, cabin, houseboat 16 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 858 41.0
    Fully owned 682 32.6
    Being purchased 545 26.0
    Other tenure type 9 0.4
    Tenure Type
Census 2011, ABS
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